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

Tufton Oceanic AssetsAnnouncement

08/02/2024 07:15

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RNS Number : 3949C  Tufton Oceanic Assets Ltd.  08 February 2024

8 February 2024

 

 

Tufton Oceanic Assets Limited

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

 

 

Transaction in Own Shares

 

 

The Company announces that on 7 February 2024 it purchased 825,000 ordinary
shares at a price of $1.08 per share in accordance with the authority granted
to it by Shareholders at its 2023 Annual General Meeting. The purchased shares
will be held in treasury. Following this purchase, the Company will have
293,207,541 ordinary shares in issue with voting rights and 15,421,000
ordinary shares held in treasury.

 

This figure 293,207,541 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

 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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