20th Oct 2022 07:01
20 October 2022
Tufton Oceanic Assets Limited
("Tufton Oceanic Assets" or the "Company")
Tufton Principals Increase Shareholdings
The Company notes that principals of its Investment Manager, Tufton Investment Management Ltd ("Tufton"), acquired an additional 613,000 ordinary shares in the capital of the Company in recent months up to and including 19 October 2022. The updated shareholdings are presented below together with the information provided in the Company's Annual Report and Audited Financial Statements as at 30 June 2022.
Ordinary Shares Held Directly or Beneficially:
| As at 30 June 2022 | As at 19 October 2022 |
Tufton Group Shareholders (including principals) | 5,375,133 | 5,988,133 |
Tufton Group Staff | 466,261 | 466,261 |
Tufton Group Non-Executive Directors | 403,279 | 403,279 |
Former Tufton Group Shareholders | 3,041,740 | 3,041,740 |
For further information, please contact:
Tufton Investment Management Ltd (Investment Manager) Andrew Hampson Paulo Almeida | +44 (0) 20 7518 6700 |
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Singer Capital Markets James Maxwell, Alex Bond (Corporate Finance) Alan Geeves, James Waterlow, Sam Greatrex (Sales) | +44 (0) 20 7496 3000 |
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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.
Related Shares:
Tufton Assets.Tufton Assets