Tufton Oceanic Assets Limited

Transaction in Own Shares • Feb 3, 2025

National Storage Mechanism | Additional information

RNS Number : 5436V

Tufton Assets Limited

03 February 2025

3 February 2025

Tufton Assets Limited

("the "Company")

Transaction in Own Shares

The Company announces that on 31 January 2025 it purchased 1,850,000 ordinary shares at a price of $1.175 per share in accordance with the authority granted to it by Shareholders at its 2024 Annual General Meeting. The purchased shares will be held in treasury. Following this purchase, the Company will have 267,406,330 ordinary shares in issue with voting rights and 20,896,000 ordinary shares held in treasury.

This figure 267,406,330 represents the total voting rights in the Company and may be used by Shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For further information, please contact:

Tufton Investment Management Ltd (Investment Manager) Andrew Hampson Nicolas Tirogalas	+44 (0) 20 7518 6700
Singer Capital Markets James Maxwell, Alex Bond, Jalini Kalaravy (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 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.

LEI: 213800L1N2V3FVNOSY44

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