TIDMSHIP

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                                         +44 (0) 20 7518 6700 
  Andrew Hampson 
  Paulo Almeida 
 
 N+1 Singer                                                                +44 (0) 20 7496 3000 
  James Maxwell, Alex Bond (Corporate 
  Finance) 
  Alan Geeves, James Waterlow, Sam Greatrex 
  (Sales) 
 
 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 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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(END) Dow Jones Newswires

September 11, 2020 08:30 ET (12:30 GMT)

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