RNS Number : 3339V
Tiger Royalties and Investments PLC
05 July 2024
 

For immediate release                                                                                          5 July 2024

Tiger Royalties and Investments Plc

('Tiger' or 'the Company')

 

Quarter-end Portfolio Value Update

 

The unaudited portfolio value ("PV") (based on investments and cash only) at 30 June 2024 was 0.08 pence (31 March 2023 - 0.07 pence), both per ordinary share

 

Cash and investments held by the Company as at 30/06/24

 

Name

Number of shares

Share price

Valuation

£

£

African Pioneer Plc

8,810,056

0.02400

211,441

Bezant Resources Plc

83,870,371

0.00020

16,774

Caerus Mineral Resources Plc (2)

500,000

0.01500

7,500

Galileo Resources Plc

6,516,667

0.01050

68,425

Jubilee Metals Group Plc

869,600

0.07050

61,307

Kendrick Resources Plc

83,333

0.01100

917





Total Investments



366,364





Cash



52,050





Total cash and Investments

 


418,414

 

 

 

 

 

Notes:

 

1)   The above PV calculation is based on 535,128,554 Ordinary shares with a nominal value of 0.1 pence each being the Company's issued share capital of 539,628,554 Ordinary Shares less 4,500,000 Ordinary Shares held in treasury.

 

2)   On 1 November 2022, the 13,618 shares in Corallian Energy Limited ("CEL") held by Tiger were sold as part of a sale of CEL to Shell UK Limited ("SUKL") for a potential total consideration of £3.20 for each CEL share. The final contingent payment being £1.10 per CEL share, computing to a total amount £14,979.80 was received by Tiger on 22 January 2024.

 

3)   All reporting is made on a quarterly basis and accordingly the next announcement will disclose the PV per share and investments at 30 September 2024. The Company will disclose its investments on a quarterly basis when disclosing its PV.

 

This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU as it forms part of the UK law pursuant to the European Union (Withdrawal) Act 2018.

 

For further information please contact:

Tiger Royalties and Investments Plc

Raju Samtani, Director                                              

+44 (0)20 7581 4477

Beaumont Cornish (Nomad)

Roland Cornish

Felicity Geidt

+44 (0)20 7628 3369

 

Email:corpfin@bcornish.co.uk

 


Novum Securities Plc              Jon Belliss                                      +44 (0)20 7399 9425

(Broker)

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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