8 Nov 2023 16:53
8 November 2023
Tufton Oceanic Assets Limited (the "Company")
Director's Dealing
Pursuant to Disclosure Guidance and Transparency Rule 3.1.2-A, the following information falls to be disclosed:
The Company was notified that on 8 November 2023 Steve Le Page, Non-Executive Director of the Company, purchased 1,268 ordinary shares of no par value in the capital of the Company ("Ordinary Shares") at a price of £0.9829 per Ordinary Share.
Following this transaction, Steve Le Page has a beneficial interest in 41,268 Ordinary Shares representing 0.01% of the total Ordinary Shares in issue.
Details of the transaction can be found in the Notification of Dealing Form below.
Tufton Investment Management Ltd (Investment Manager) Andrew Hampson Paulo Almeida
| Tel: +44 (0) 20 7518 6700 |
Singer Capital Markets James Maxwell, Alex Bond (Corporate Finance) Alan Geeves, James Waterlow, Sam Greatrex (Sales)
| Tel: +44 (0) 207 496 3030 |
Hudnall Capital LLP Andrew Cade
| Tel: +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.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Mr Steve Le Page | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Non-Executive Director | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Tufton Oceanic Assets Limited | |||
b)
| LEI
| 213800L1N2V3FVNOSY44 | |||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||||
a)
| Description of the financial instrument, type of instrument | Ordinary Shares of NPV | |||
Identification code | GG00BDFC1649 | ||||
b)
| Nature of the transaction
| Purchase of shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
GBP£0.9829 | 1,268 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 1,268 | ||||
- Price | GBP £1,246.32 | ||||
e)
| Date of the transaction
| 8 November 2023 | |||
f)
| Place of the transaction
| London Stock Exchange | |||
Tufton Oceanic. (SHIP)
Tufton Ocean (SHPP)