SHIP Tufton Oceanic Assets Limited

TIDMSHIP TIDMSHPP

RNS Number : 8794D

Tufton Oceanic Assets Ltd.

26 June 2023

26 June 2023

Tufton Oceanic Assets Limited

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

Tufton Principals Increase Shareholdings

The Company notes that the principals of its Investment Manager, Tufton Investment Management Ltd ("Tufton"), acquired 593,136 ordinary shares in the capital of the Company on 22 June 2023. Tufton Shareholders now hold 6,968,839 ordinary shares compared to 5,988,133 ordinary shares as at 31 December 2022.

In addition, Tufton Staff, Tufton Directors and Former Tufton shareholders acquired a further 509,052 ordinary shares in the capital of the Company on 22 June 2023.

For further information, please contact:

 
 Tufton Investment Management Ltd (Investment 
  Manager) 
  Andrew Hampson 
  Paulo Almeida                                                   +44 (0) 20 7518 6700 
 
 Singer Capital Markets 
  James Maxwell, Alex Bond (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.

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POSFFMRTMTATMLJ

(END) Dow Jones Newswires

June 26, 2023 04:01 ET (08:01 GMT)

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