Tufton Oceanic Assets Limited

Board/Management Information • Sep 11, 2020

National Storage Mechanism | Additional information

RNS Number : 7887Y

Tufton Oceanic Assets Ltd.

11 September 2020

11 September 2020

Tufton Oceanic Assets Limited ("SHIP")

Board Appointment - Update

Further to its announcement on 9 September, the Board of Directors of Tufton Oceanic Assets Limited (LSE: SHIP) is pleased to confirm the effective date of appointment of Christine Rødsæther as a non-executive Director of the Company as being 10 September 2020.

For further information, please contact:

Tufton Investment Manager Limited Andrew Hampson Paulo Almeida	+44 (0) 20 7518 6700
N+1 Singer 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 Limited. The Company has raised a total of approximately $250m (gross) through its Initial Public Offering on the Specialist Fund Segment of the London Stock Exchange, on 20 December 2017, a subsequent placing and offer in October 2018, a placing in March 2019 and a placing in September 2019.

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