Tufton Oceanic Assets Ltd. Director/PDMR Shareholding (8398S)

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RNS Number : 8398S

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 GBP0.9829 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    Tel: [phone] 
  Manager) Andrew Hampson                         6700 
  Paulo Almeida 
 Singer Capital Markets                          Tel: [phone] 
  James Maxwell, Alex Bond (Corporate Finance)    3030 
  Alan Geeves, James Waterlow, Sam Greatrex 
  (Sales) 
 Hudnall Capital LLP                             Tel: [phone] 
  Andrew Cade                                     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.

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                  Mr Steve Le Page 
      ------------------------------------  ------------------------------------ 
       Reason for the notification 
  2 
      -------------------------------------------------------------------------- 
 a)    Position/status                       Non-Executive Director 
      ------------------------------------  ------------------------------------ 
 b)    Initial notification                  Initial Notification 
        /Amendment 
      ------------------------------------  ------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------- 
 a)    Name                                  Tufton Oceanic Assets Limited 
      ------------------------------------  ------------------------------------ 
 b)    LEI                                   213800L1N2V3FVNOSY44 
      ------------------------------------  ------------------------------------ 
       Details of the transaction(s): section to be repeated 
  4     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                    Ordinary Shares of NPV 
        financial instrument, 
        type of instrument 
 
       Identification code                   GG00BDFC1649 
 
 b)    Nature of the transaction             Purchase of shares 
      ------------------------------------  ------------------------------------ 
 c)    Price(s) and volume(s) 
                                             ------------------  ------------- 
                                              Price(s)            Volume(s) 
                                             ------------------  ------------- 
    GBPGBP0.9829                                                  1,268 
   ------------------------------------------------------------  ------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                   1,268 
 
  - Price                               GBP GBP1,246.32 
 
 e)    Date of the transaction               8 November 2023 
      ------------------------------------  ------------------------------------ 
 f)    Place of the transaction              London Stock Exchange 
      ------------------------------------  ------------------------------------ 
 

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November 08, 2023 11:53 ET (16:53 GMT)