30 September 2024
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 on 27
September 2024 of the following director's dealings:
Mr Robert King, Chairman of the
Company, purchased 9,190 ordinary shares of no par value in the
capital of the Company ("Ordinary
Shares") at a price of USD1.29789 per Ordinary Share.
Following this transaction, Robert King has a beneficial interest
in 65,000 Ordinary Shares representing 0.024% of the total Ordinary
Shares in issue.
Mrs Christine Rødsæther,
Non-Executive Director of the Company, purchased 10,000 Ordinary
Shares at a price of USD1.30000 per Ordinary Share. Following this
transaction, Christine Rødsæther has a beneficial interest in
37,906 Ordinary Shares representing 0.014% of the total Ordinary
Shares in issue.
Mr Paul Barnes, Non-Executive
Director of the Company, purchased 14,000 Ordinary Shares at a
price of GBP0.96992 per Ordinary Share. Following this transaction,
Paul Barnes has a beneficial interest in 18,651 Ordinary Shares
representing 0.007% of the total Ordinary Shares in
issue.
Mr Steve Le Page, Non-Executive
Director of the Company, purchased 5,650 Ordinary Shares at a price
of USD1.305 per Ordinary Share. Following this transaction, Steve
Le Page has a beneficial interest in 44,037 Ordinary Shares
representing 0.016% of the total Ordinary Shares in
issue.
Mrs Trina Le Noury, Non-Executive
Director of the Company, purchased 5,349 Ordinary Shares at a price
of USD1.29791 per Ordinary Share. Following this transaction, Trina
Le Noury has a beneficial interest in 10,000 Ordinary Shares
representing 0.004% of the total Ordinary Shares in
issue.
Details of the transaction can be
found in the Notification of Dealing Forms below.
For further information, please
contact:
|
Tufton Investment Management Ltd (Investment
Manager)
Andrew Hampson
Nicolas Tirogalas
|
Tel: +44 (0) 20 7518 6700
|
|
Singer Capital Markets
James Maxwell, Alex Bond, Jalini
Kalaravy (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 Robert King
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chairman
|
|
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)
|
|
|
|
|
USD1.29789
|
9,190
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
9,190
|
|
|
|
|
- Price
|
USD11,927.61
|
|
|
|
|
e)
|
Date of the transaction
|
27 September 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Mrs Christine Rødsæther
|
|
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)
|
|
|
|
|
USD1.30000
|
10,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
10,000
|
|
|
|
|
- Price
|
USD13,000.00
|
|
|
|
|
e)
|
Date of the transaction
|
27 September 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Mr Paul Barnes
|
|
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)
|
|
|
|
|
£0.96992
|
14,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
14,000
|
|
|
|
|
- Price
|
£13,578.88
|
|
|
|
|
e)
|
Date of the transaction
|
27 September 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
|
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)
|
|
|
|
|
USD1.305
|
5,650
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
5,650
|
|
|
|
|
- Price
|
USD7,373.25
|
|
|
|
|
e)
|
Date of the transaction
|
27 September 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Mrs Trina Le Noury
|
|
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)
|
|
|
|
|
USD1.29791
|
5,349
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
5,349
|
|
|
|
|
- Price
|
USD6,942.52
|
|
|
|
|
e)
|
Date of the transaction
|
27 September 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|