Tufton Oceanic Assets Ltd. Dividend Currency Election (3240Y)
May 03 2023 - 10:49AM
UK Regulatory
TIDMSHIP TIDMSHPP
RNS Number : 3240Y
Tufton Oceanic Assets Ltd.
03 May 2023
03 May 2023
Tufton Oceanic Assets Limited (The "Company")
Dividend Currency Election
An announcement was made on 20 April 2023 regarding the dividend
to be paid on 11 May 2023 and the option for shareholders to elect
to receive this in GBP rather than USD.
The Company can now confirm the dividend rate per share to be
used to pay shareholders who elected to receive their dividend in
GBP will be GBP 0.01699 per share (USD 0.02125 per share converted
into GBP using an FX rate of 0.79931(1) ).
(1) Mid-market rate as at 03 May 2023 at 14:01:04, rounded to
5dp
ENDS
For further information, please contact:
Tufton Investment Management Ltd (Investment
Manager)
Andrew Hampson +44 (0) 20 7518
Paulo Almeida 6700
Singer Capital Markets
James Maxwell, Alex Bond (Corporate Finance)
Alan Geeves, James Waterlow, Sam Greatrex +44 (0) 20 7496
(Sales) 3000
Hudnall Capital LLP +44 (0) 20 7520
Andrew Cade 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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END
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