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

Tiger Royalties and InvestmentsAnnouncement

08/10/2024 17:00

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RNS Number : 4178H  Tiger Royalties and Investments PLC  08 October 2024

For immediate release
                                                  08
October 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 September 2024 was 0.06 pence (30 June 2024 - 0.08 pence), both per
ordinary share.

 

Cash and investments held by the Company as at 30/09/24

 

 Name                                       Number of shares  Share price  Valuation
                             £              £
 African Pioneer Plc                        8,810,056         0.01800      158,581
 Bezant Resources Plc                       83,870,371        0.00020      16,774
 Galileo Resources Plc                      6,516,667         0.01100      71,683
 Jubilee Metals Group Plc                   869,600           0.04800      41,741
 Kendrick Resources Plc                     83,333            0.00896      747

 Total Investments                                                         289,526

 Cash                                                                      22,891

 Total cash and Investments                                                312,417

 

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
portfolio announcement will disclose the PV per share and investments at 31
December 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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