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) Andrew Hampson Nicolas Tirogalas | +44 (0) 20 7518 6700 |
|
|
|
| Singer Capital Markets James Maxwell, Alex Bond, Angus Campbell (Corporate Finance) Alan Geeves, James Waterlow, Sam Greatrex (Sales) | +44 (0) 20 7496 3000 |
|
|
|
| Hudnall Capital LLP Andrew Cade | +44 (0) 20 7520 9085 |
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.
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.