Tufton Oceanic Assets Limited

AGM Information • Oct 24, 2023

National Storage Mechanism | Additional information

RNS Number : 1483R

Tufton Oceanic Assets Ltd.

24 October 2023

24 October 2023

Tufton Oceanic Assets Limited

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

Result of Annual General Meeting

Tufton Oceanic Assets announces the results of its Annual General Meeting ("AGM") held at 12:30 p.m. on 24 October 2023. Resolutions 1-11 inclusive were duly passed by way of a poll.

The full results of the AGM were as follows:

ORDINARY RESOLUTIONS	FOR		AGAINST		TOTAL VOTES	% OF ISSUED SHARE CAPITAL VOTED	VOTES WITHHELD*
	Votes	%	Votes	%
1. Ordinary	139,137,473	<99.99	1,471	>0.01	139,138,944	47.20	7,721
2. Ordinary	139,071,579	99.95	70,391	0.05	139,141,970	47.20	4,695
3. Ordinary	139,127,133	99.99	7,186	0.01	139,134,319	47.20	12,346
4. Ordinary	139,084,783	99.97	46,311	0.03	139,131,094	47.20	15,571
5. Ordinary	132,193,896	95.02	6,927,388	4.98	139,121,284	47.19	25,381
6. Ordinary	139,110,420	99.99	10,864	0.01	139,121,284	47.19	25,381
7. Ordinary	139,110,420	99.99	10,864	0.01	139,121,284	47.19	25,381
8. Ordinary	139,110,420	99.99	12,195	0.01	139,122,615	47.19	24,050
9. Ordinary	139,131,259	99.99	10,711	0.01	139,141,970	47.20	4,695
10. Ordinary	139,141,970	100.00	0	0.00	139,141,970	47.20	4,695
11. Extraordinary	137,675,185	98.96	1,448,058	1.04	139,123,243	47.19	23,422

*A 'vote withheld' is not a vote in law and is not counted towards the proportion of votes 'for' and 'against' a resolution.

As at the date of the AGM, the number of ordinary shares in issue, and therefore the total number of voting rights was 294,782,541.

A copy of the full text of Extraordinary Resolution 11 will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

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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