REG - Tufton Oceanic Asset Tufton Oceanic -SHPP - Transaction in Own Shares

Tufton AssetsAnnouncement

30/05/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230530:nRSd8679Aa&default-theme=true

RNS Number : 8679A  Tufton Oceanic Assets Ltd.  30 May 2023

30 May 2023

 

 

Tufton Oceanic Assets Limited

("Tufton Oceanic Assets" or the "Company")

 

 

Transaction in Own Shares

 

 

The Company announces that on 26 May 2023 it purchased 50,000 ordinary shares
at a price of $1.085 per share in accordance with the authority granted to it
by Shareholders at its 2022 Annual General Meeting. The purchased shares will
be held in treasury. Following this purchase, the Company will have
303,268,541 ordinary shares in issue with voting rights and 5,360,000 ordinary
shares held in treasury.

 

This figure 303,268,541 represents the total voting rights in the Company and
may be used by Shareholders as the denominator for the calculations by which
they can determine if they are required to notify their interest in, or a
change to their interest in the Company under the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.

 

 

For further information, please contact:

 

 Tufton Investment Management Ltd (Investment Manager)                               +44 (0) 20 7518 6700

 Andrew Hampson

 Paulo Almeida

 Singer Capital Markets                                                              +44 (0) 20 7496 3000

 James Maxwell, Alex Bond (Corporate Finance)

 Alan Geeves, James Waterlow, Sam Greatrex (Sales)

 Hudnall Capital LLP                                                                 +44 (0) 20 7520 9085

 Andrew Cade

 

About the Company

Tufton Oceanic Assets Limited invests in a diversified portfolio of secondhand
commercial sea-going vessels with the objective of delivering strong cash flow
and capital gains to investors. The Company's investment manager is Tufton
Investment Management Ltd. The Company has raised a total of approximately
$316.5m (gross) through its Initial Public Offering on the Specialist Fund
Segment of the London Stock Exchange on 20 December 2017 and subsequent
capital raises.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  POSEQLFLXELZBBV