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  3. Tufton Oceanic. Share Price
  4. Tufton Oceanic. Share Regulatory News
  5. Acquisition of Two Vessels

Pin to quick picksTufton Oceanic. Regulatory News (SHIP)

Tufton Oceanic. Information

Share Price Information for Tufton Oceanic. (SHIP)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 1.215
Bid: 1.20
Ask: 1.23
Change: -0.005 (-0.41%)
Spread: 0.03 (2.50%)
Open: 1.215
High: 1.215
Low: 1.215
Prev. Close: 1.22
SHIP Live PriceLast checked at -
Tufton Oceanic Assets is an Investment Trust

To provide investors with an attractive level of regular and growing income and capital returns through investing in second-hand commercial sea-going vessels.

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Acquisition of Two Vessels

12 Feb 2018 16:13

RNS Number : 6357E
Tufton Oceanic Assets Ltd.
12 February 2018
 

12 February 2018

 

Tufton Oceanic Assets Limited (the "Company")

$20.5m Acquisition of Two Vessels

 

The Board of Tufton Oceanic Assets Limited (ticker: SHIP) is pleased to announce that the Company has acquired two feeder containerships for $20.5 million. The vessels are initially chartered for 2-3 years to a major container line which is investment grade. The initial yield is in line with the targets expressed in the Company's prospectus.

 

These are the first investments by the Company. The Company expects to invest the net IPO proceeds within the time frame indicated at IPO.

 

 

For further information, please contact:

 

Tufton Oceanic Limited Tel: +44 (0) 20 7518 6700

Andrew Hampson

Paulo Almeida

 

Cenkos Securities plc Tel: +44 (0) 20 7397 8900

Sapna Shah

Tom Scrivens

Andrew Worne

 

Hudnall Capital LLP Tel: +44 (0) 20 7520 9085

Andrew Cade

 

About the Company

Tufton Oceanic Assets Limited intends to invests in a diversified portfolio of secondhand commercial sea-going vessels delivering strong cash flow and capital gains to investors. The Company's investment manager is Tufton Oceanic Limited. The Company was admitted to the Specialist Fund Segment of the London Stock Exchange on 20 December 2017.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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Date   Source Headline
21st Mar 20197:00 amRNSInterim Results for period ended 31 December 2018
11th Mar 20199:55 amRNSResult of Placing under Placing Programme
21st Feb 20197:01 amRNSPROPOSED PLACING UNDER PLACING PROGRAMME
21st Feb 20197:00 amRNS$6.75m Investment in one General Cargo vessel
31st Jan 20197:01 amRNSC Share Conversion Ratio
31st Jan 20197:00 amRNSNAV, Dividend Declaration and Q4 2018 Update
8th Jan 20197:00 amRNSConversion of C Shares
24th Dec 20187:00 amRNS$12.2m Investment in one Product Tanker
20th Dec 20185:56 pmRNSNotification of Major Shareholdings
20th Dec 20184:30 pmRNSNotification of Major Holdings
11th Dec 20187:00 amRNSAcquisition
23rd Nov 20187:00 amRNS$13m Investment in a Containership
30th Oct 201811:59 amRNSNotification of Major Shareholder
29th Oct 20184:01 pmRNSNotification of Major Shareholder
29th Oct 201810:56 amRNSNotification of Major Shareholder
29th Oct 201810:50 amRNSNotification of Major Shareholder
25th Oct 20187:00 amRNSNAV, Dividend Declaration and Q3 2018 Update
24th Oct 20184:39 pmRNSResult of Annual General Meeting
23rd Oct 20187:00 amRNS$7.25m Additional Investment in a LPG Carrier
11th Oct 20181:27 pmRNSResult of C Share Issue and Total Voting Rights
25th Sep 20182:16 pmRNSProposed Placing and Offer of C Shares
20th Sep 20187:00 amRNS$12.9m Investment in a Handysize Bulk Carrier
3rd Sep 20187:00 amRNSIntention to raise further capital
28th Aug 20187:00 amRNSFinal Results
27th Jul 20187:00 amRNSNAV, Dividend Declaration and Q2 2018 Update
25th Jul 20187:00 amRNSAcquisition of Two Vessels
23rd Apr 20187:00 amRNSQuarterly Update and Net Asset Value
9th Mar 20182:26 pmRNSAcquisition of Two Containerships
13th Feb 20189:13 amRNSNotification of Major Holdings
12th Feb 20184:13 pmRNSAcquisition of Two Vessels
30th Jan 20184:30 pmRNSNet Asset Value(s)
18th Jan 20189:18 amRNSNotification of Major Holdings
8th Jan 201811:42 amRNSNotification of Major Holdings
5th Jan 20182:15 pmRNSNotification of Major Holdings
5th Jan 201811:33 amRNSNotification of Major Holdings
5th Jan 201810:56 amRNSNotification of Major Holdings
4th Jan 20181:21 pmRNSNotification of Major Holdings
21st Dec 20172:23 pmRNSNotification of Major Holdings
9th Oct 20124:40 pmRNSSecond Price Monitoring Extn
9th Oct 20124:35 pmRNSPrice Monitoring Extension
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