Director/PDMR Shareholding

Tufton Oceanic Assets Ltd.

08 November 2023

 

8 November 2023

Tufton Oceanic Assets Limited (the "Company")

Director's Dealing

Pursuant to Disclosure Guidance and Transparency Rule 3.1.2-A, the following information falls to be disclosed:

The Company was notified that on 8 November 2023 Steve Le Page, Non-Executive Director of the Company, purchased 1,268 ordinary shares of no par value in the capital of the Company ("Ordinary Shares") at a price of £0.9829 per Ordinary Share.

Following this transaction, Steve Le Page has a beneficial interest in 41,268 Ordinary Shares representing 0.01% of the total Ordinary Shares in issue.

Details of the transaction can be found in the Notification of Dealing Form below. 

Tufton Investment Management Ltd (Investment Manager) Andrew Hampson Paulo Almeida	Tel: [phone]
Singer Capital Markets James Maxwell, Alex Bond (Corporate Finance) Alan Geeves, James Waterlow, Sam Greatrex (Sales)	Tel: [phone]
Hudnall Capital LLP Andrew Cade	Tel: [phone]

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.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mr Steve Le Page
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tufton Oceanic Assets Limited
b)	LEI	213800L1N2V3FVNOSY44
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares of NPV
	Identification code	GG00BDFC1649
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			GBP£0.9829	1,268
d)	Aggregated information
	- Aggregated volume	1,268
	- Price	GBP £1,246.32
e)	Date of the transaction	8 November 2023
f)	Place of the transaction	London Stock Exchange

 

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