REG - Tufton Oceanic Asset Tufton Oceanic -SHPP - Dividend Currency Declaration

Tufton Oceanic AssetsAnnouncement

02/05/2024 14:15

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RNS Number : 0530N  Tufton Oceanic Assets Ltd.  02 May 2024

02 May 2024

 

Tufton Oceanic Assets Limited (The "Company")

Dividend Currency Election

 

An announcement was made on 16 April 2024 regarding the dividend to be paid on
10 May 2024 and the option for shareholders to elect to receive this in GBP
rather than USD.

The Company can now confirm the dividend rate per share to be used to pay
shareholders who elected to receive their dividend in GBP will be GBP 0.01995
per share (USD 0.025 per share converted into GBP using an FX rate of
0.79815(1)).

(1) Mid-market rate as at 02 May 2024 at 11:40:10, rounded to 5dp

ENDS

 

For further information, please contact:

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

 Andrew Hampson

 Nicolas Tirogalas

 Singer Capital Markets                                           +44 (0) 20 7496 3000

 James Maxwell, Alex Bond, Angus Campbell (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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