Tufton Oceanic Assets Limited

Major Shareholding Notification • Oct 20, 2022

National Storage Mechanism | Additional information

RNS Number : 4750D

Tufton Oceanic Assets Ltd.

20 October 2022

20 October 2022

Tufton Oceanic Assets Limited

("Tufton Oceanic Assets" or the "Company")

Tufton Principals Increase Shareholdings

The Company notes that principals of its Investment Manager, Tufton Investment Management Ltd ("Tufton"), acquired an additional 613,000 ordinary shares in the capital of the Company in recent months up to and including 19 October 2022. The updated shareholdings are presented below together with the information provided in the Company's Annual Report and Audited Financial Statements as at 30 June 2022.

Ordinary Shares Held Directly or Beneficially:

	As at 30 June 2022	As at 19 October 2022
Tufton Group Shareholders (including principals)	5,375,133	5,988,133
Tufton Group Staff	466,261	466,261
Tufton Group Non-Executive Directors	403,279	403,279
Former Tufton Group Shareholders	3,041,740	3,041,740

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.

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