Tufton Oceanic Asset Tufton Oceanic -SHPP - Director/PDMR Shareholding
20/10/2022 07:00
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RNS Number : 4740D Tufton Oceanic Assets Ltd. 20 October 2022
20 October 2022
Tufton Oceanic Assets Limited (the "Company")
Director's Dealing
Pursuant to Disclosure Guidance and Transparency Rule 3.1.2-A, the following
information falls to be disclosed:
The Company was notified that on 19 October 2022 Mr Robert King, Chairman of
the Company, purchased 15,000 ordinary shares of no par value in the capital
of the Company ("Ordinary Shares") at a price of $1.11 per Ordinary Share.
Following this transaction, Robert King has a beneficial interest in 60,000
Ordinary Shares representing 0.02% of the total Ordinary Shares in issue.
Further to the above, the Company was notified that on 19 October 2022 Mrs
Christine Rødsæther, Non-Executive Director of the Company, purchased 10,000
Ordinary Shares at a price of $1.11 per Ordinary Share.
Following this transaction, Christine Rødsæther has a beneficial interest in
30,000 Ordinary Shares representing 0.01% of the total Ordinary Shares in
issue.
Details of the transaction can be found in the Notification of Dealing Form
below.
Tufton Oceanic Limited Tel: +44 (0) 20 7518 6700
Andrew Hampson
Paulo Almeida
Singer Capital Markets Tel: +44 (0) 207 496 3030
James Maxwell, Alex Bond (Corporate Finance)
Alan Geeves, James Waterlow, Sam Greatrex (Sales)
Hudnall Capital LLP Tel: +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
Oceanic Ltd. The Company has raised a total of approximately $220m (gross)
through its Initial Public Offering on the Specialist Fund Segment of the
London Stock Exchange, on 20 December 2017, and subsequent issues in October
2018 and March 2019.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Mr Robert King
2 Reason for the notification
a) Position/status Chairman
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tufton Oceanic Assets Limited
b) LEI 213800L1N2V3FVNOSY44
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary Shares of NPV
Identification code GG00BDFC1649
b) Nature of the transaction Purchase of shares
c) Price(s) and volume(s)
Price(s) Volume(s)
US$1.11 15,000
d) Aggregated information
- Aggregated volume 15,000
- Price US $16,650.00
e) Date of the transaction 19 October 2022
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Mrs Christine Rødsæther
2 Reason for the notification
a) Position/status Non-Executive Director
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tufton Oceanic Assets Limited
b) LEI 213800L1N2V3FVNOSY44
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary Shares of NPV
Identification code GG00BDFC1649
b) Nature of the transaction Purchase of shares
c) Price(s) and volume(s)
Price(s) Volume(s)
US$1.11 10,000
d) Aggregated information
- Aggregated volume 10,000
- Price US $11,100.00
e) Date of the transaction 19 October 2022
f) Place of the transaction London Stock Exchange
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