Dividend Currency Election

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 0.799311).

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

Paulo Almeida

  +44 (0) 20 7518 6700

 

 

Singer Capital Markets

James Maxwell, Alex Bond (Corporate Finance)

Alan Geeves, James Waterlow, Sam Greatrex (Sales)

  +44 (0) 20 7496 3000

 

 

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.

 

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings