REG - Tiger Royalties&Invs - Quarter-end Portfolio Value Update

Tiger Royalties and InvestmentsAnnouncement

05/07/2024 10:00

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RNS Number : 3339V  Tiger Royalties and Investments PLC  05 July 2024

For immediate
release
                  5 July 2024

Tiger Royalties and Investments Plc

('Tiger' or 'the Company')

 

Quarter-end Portfolio Value Update

 

The unaudited portfolio value ("PV") (based on investments and cash only) at
30 June 2024 was 0.08 pence (31 March 2023 - 0.07 pence), both per ordinary
share.

 

Cash and investments held by the Company as at 30/06/24

 

 Name                                           Number of shares  Share price  Valuation
                             £                  £
 African Pioneer Plc                            8,810,056         0.02400      211,441
 Bezant Resources Plc                           83,870,371        0.00020      16,774
 Caerus Mineral Resources Plc (2)               500,000           0.01500      7,500
 Galileo Resources Plc                          6,516,667         0.01050      68,425
 Jubilee Metals Group Plc                       869,600           0.07050      61,307
 Kendrick Resources Plc                         83,333            0.01100      917

 Total Investments                                                             366,364

 Cash                                                                          52,050

 Total cash and Investments                                                    418,414

 

Notes:

 

1)   The above PV calculation is based on 535,128,554 Ordinary shares with a
nominal value of 0.1 pence each being the Company's issued share capital of
539,628,554 Ordinary Shares less 4,500,000 Ordinary Shares held in treasury.

 

2)   On 1 November 2022, the 13,618 shares in Corallian Energy Limited
("CEL") held by Tiger were sold as part of a sale of CEL to Shell UK Limited
("SUKL") for a potential total consideration of £3.20 for each CEL share. The
final contingent payment being £1.10 per CEL share, computing to a total
amount £14,979.80 was received by Tiger on 22 January 2024.

 

3)   All reporting is made on a quarterly basis and accordingly the next
announcement will disclose the PV per share and investments at 30 September
2024. The Company will disclose its investments on a quarterly basis when
disclosing its PV.

 

This announcement contains inside information for the purposes of Article 7 of
Regulation 2014/596/EU as it forms part of the UK law pursuant to the
European Union (Withdrawal) Act 2018.

 

For further information please contact:

 Tiger Royalties and Investments Plc  Raju Samtani,                                                                                          +44 (0)20 7581 4477
                                      Director
 Beaumont Cornish (Nomad)             Roland Cornish                                                                                         +44 (0)20 7628 3369

                                      Felicity Geidt
                                      Email:corpfin@bcornish.co.uk (mailto:corpfin@bcornish.co.uk)

Novum Securities Plc              Jon Belliss
                                    +44
(0)20 7399 9425

(Broker)

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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