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RNS Number : 7511B Tufton Oceanic Assets Ltd. 02 February 2024
02 February 2024
Tufton Oceanic Assets Limited
("Tufton Oceanic Assets" or the "Company")
Tufton Principals Increase Shareholdings
The Company notes that Andrew Hampson and Nicolas Tirogalas have together
acquired an additional 250,064 ordinary shares in the capital of the Company
after the RNS announcement of 17 January 2024. Tufton Shareholders* now hold
directly or beneficially 11,944,702 shares compared with 11,210,831 shares as
at 30 June 2023. Tufton Shareholders now hold 4.1% of the issued share capital
in the Company compared with 3.7% as at 30 June 2023.
* Principal shareholders, employees, non-executive directors and former
shareholders
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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