Tufton Oceanic Assets Ltd. NAV, Dividend Declaration and Q1 2019 Update (0030X)
April 25 2019 - 1:01AM
UK Regulatory
TIDMSHIP
RNS Number : 0030X
Tufton Oceanic Assets Ltd.
25 April 2019
25 April 2019
TUFTON OCEANIC ASSETS LIMITED
("Tufton Oceanic Assets" or the "Company")
Net Asset Value, Dividend Declaration and Q1 2019 Update
Tufton Oceanic Assets announces that as at 31 March 2019, the
unaudited net asset value ("NAV") was c.USD222.8 million and the
unaudited NAV per ordinary share was USD0.992.
The Company is pleased to announce a dividend of USD0.0175 per
ordinary share for the quarter ending 31 March 2019. The dividend
will be paid on 17 May 2019 to holders of ordinary shares recorded
on the register as at close of business on 3 May 2019 with an
ex-dividend date of 2 May 2019.
The Company's quarterly factsheet as at 31 March 2019 will
shortly be available on the Company's website in the Investor
Relations section under Company Documents at
www.tuftonoceanicassets.com/company-documents.
For further information, please contact:
Tufton Oceanic Limited (Investment
Manager)
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 +44 (0) 20 7520 9085
Andrew Cade
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 Oceanic Ltd. The Company has
raised a total of approximately $219m (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 and a placing in March 2019.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
NAVLLFEESRISFIA
(END) Dow Jones Newswires
April 25, 2019 02:01 ET (06:01 GMT)
Tufton Oceanic Assets (LSE:SHIP)
Historical Stock Chart
From Apr 2024 to May 2024
Tufton Oceanic Assets (LSE:SHIP)
Historical Stock Chart
From May 2023 to May 2024