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Board Appointment - Update

11th Sep 2020 13:30

RNS Number : 7887Y
Tufton Oceanic Assets Ltd.
11 September 2020
 

11 September 2020

 

 

Tufton Oceanic Assets Limited ("SHIP")

Board Appointment - Update

 

Further to its announcement on 9 September, the Board of Directors of Tufton Oceanic Assets Limited (LSE: SHIP) is pleased to confirm the effective date of appointment of Christine Rødsæther as a non-executive Director of the Company as being 10 September 2020.

 

 

For further information, please contact:

 

Tufton Investment Manager Limited

Andrew Hampson

Paulo Almeida

+44 (0) 20 7518 6700

N+1 Singer

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 Limited. The Company has raised a total of approximately $250m (gross) through its Initial Public Offering on the Specialist Fund Segment of the London Stock Exchange, on 20 December 2017, a subsequent placing and offer in October 2018, a placing in March 2019 and a placing in September 2019.

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