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)

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.

 

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