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

Tufton Oceanic AssetsAnnouncement

02/11/2023 07:16

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231102:nRSB0927Sa&default-theme=true

RNS Number : 0927S  Tufton Oceanic Assets Ltd.  02 November 2023

02 November 2023

 

Tufton Oceanic Assets Limited (The "Company")

Dividend Currency Election

 

An announcement was made on 18 October 2023 regarding the dividend to be paid
on 10 November 2023 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 0.01749
per share (USD 0.02125 per share converted into GBP using an FX rate of
0.82325(1)).

(1) Mid-market rate as at 01 November 2023 at 10:17:49, rounded to 5dp

ENDS

 

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  DIVBLBDBCGGDGXB