Tufton Oceanic Asset Tufton Oceanic -SHPP - Tufton Principals Increase Shareholdings

Tufton Assets

20/10/2022 07:01

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RNS Number : 4750D  Tufton Oceanic Assets Ltd.  20 October 2022

20 October 2022

 

Tufton Oceanic Assets Limited

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

Tufton Principals Increase Shareholdings

 

The Company notes that principals of its Investment Manager, Tufton Investment
Management Ltd ("Tufton"), acquired an additional 613,000 ordinary shares in
the capital of the Company in recent months up to and including 19 October
2022. The updated shareholdings are presented below together with the
information provided in the Company's Annual Report and Audited Financial
Statements as at 30 June 2022.

 

 

Ordinary Shares Held Directly or Beneficially:

                                                   As at 30 June 2022  As at 19 October 2022
 Tufton Group Shareholders (including principals)  5,375,133           5,988,133
 Tufton Group Staff                                466,261             466,261
 Tufton Group Non-Executive Directors              403,279             403,279
 Former Tufton Group Shareholders                  3,041,740           3,041,740

 

 

 

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.

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