TIGER ROYALTIES AND INVESTMENTS PLC

Net Asset Value • Jul 5, 2024

National Storage Mechanism | Additional information

RNS Number : 3339V

Tiger Royalties and Investments PLC

05 July 2024

For immediate release                                                                                          5 July 2024

Tiger Royalties and Investments Plc

('Tiger' or 'the Company')

Quarter-end Portfolio Value Update

The unaudited portfolio value ("PV") (based on investments and cash only) at 30 June 2024 was 0.08 pence (31 March 2023 - 0.07 pence), both per ordinary share . 

Cash and investments held by the Company as at 30/06/24

Name		Number of shares	Share price	Valuation
£	£
African Pioneer Plc		8,810,056	0.02400	211,441
Bezant Resources Plc		83,870,371	0.00020	16,774
Caerus Mineral Resources Plc (2)		500,000	0.01500	7,500
Galileo Resources Plc		6,516,667	0.01050	68,425
Jubilee Metals Group Plc		869,600	0.07050	61,307
Kendrick Resources Plc		83,333	0.01100	917
Total Investments				366,364
Cash				52,050
Total cash and Investments				418,414

Notes:

1)   The above PV calculation is based on 535,128,554 Ordinary shares with a nominal value of 0.1 pence each being the Company's issued share capital of 539,628,554 Ordinary Shares less 4,500,000 Ordinary Shares held in treasury.

2)   On 1 November 2022, the 13,618 shares in Corallian Energy Limited ("CEL") held by Tiger were sold as part of a sale of CEL to Shell UK Limited ("SUKL") for a potential total consideration of £3.20 for each CEL share. The final contingent payment being £1.10 per CEL share, computing to a total amount £14,979.80 was received by Tiger on 22 January 2024.

3)   All reporting is made on a quarterly basis and accordingly the next announcement will disclose the PV per share and investments at 30 September 2024. The Company will disclose its investments on a quarterly basis when disclosing its PV.

This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU as it forms part of the UK law pursuant to the European Union (Withdrawal) Act 2018.

For further information please contact:

Tiger Royalties and Investments Plc	Raju Samtani, Director	+44 (0)20 7581 4477
Beaumont Cornish (Nomad)	Roland Cornish Felicity Geidt	+44 (0)20 7628 3369
	Email: corpfin@bcornish.co.uk

Novum Securities Plc               Jon Belliss                                      +44 (0)20 7399 9425

(Broker)

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

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