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  5. NAV, Dividend Declaration and Q4 2018 Update

Pin to quick picksTufton Oceanic. Regulatory News (SHIP)

Tufton Oceanic. Information

Share Price Information for Tufton Oceanic. (SHIP)

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Share Price: 1.21
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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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NAV, Dividend Declaration and Q4 2018 Update

31 Jan 2019 07:00

RNS Number : 5803O
Tufton Oceanic Assets Ltd.
31 January 2019
 

Tufton Oceanic Assets Limited

("Tufton Oceanic Assets" or the "Company")

 

Net Asset Value, Dividend Declaration and Q4 2018 Update

 

Tufton Oceanic Assets announces that as at 31 December 2018 the unaudited net asset value ("NAV") of the ordinary share class was c.USD89.8 million and the corresponding unaudited NAV per ordinary share was USD0.9872.

 

Tufton Oceanic Assets announces that as at 31 December 2018 the unaudited NAV of the C share class was c.USD82.5 million and the corresponding unaudited NAV per C share was USD1.0517.

 

For the quarter ending 31 December 2018, the Company is pleased to announce a dividend of USD0.0175 per ordinary share and a dividend of USD0.0050 per C share. For both ordinary shareholders and C shareholders the respective dividend will be paid on 22 February 2019 to holders recorded on the register as at close of business on 8 February 2019 with an ex-dividend date of 7 February 2019.

 

The Company's quarterly factsheet as at 31 December 2018 will shortly be available on the Company's website in the Investor Relations section under Company Documents at www.tuftonoceanicassets.com/company-documents.

 

Following the deployment of the net proceeds of the Company's October 2018 C share issue and in light of the continued attractive investment environment, the board of Tufton Oceanic Assets announces that it is considering raising additional capital through an issue of shares under its placing programme. Any fundraise will be subject to market conditions and further details will be announced in due course.

 

For further information, please contact:

 

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

Andrew Hampson

Paulo Almeida

 

N+1 Singer Tel: +44 (0) 207 496 3030

James Maxwell, Alex Bond (Corporate Finance)

Alan Geeves, James Waterlow, Sam Greatrex (Sales)

 

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

Andrew Cade

 

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 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
22nd Mar 20217:00 amRNSInterim Results for period ended 31 December 2020
2nd Mar 20217:00 amRNSIssue of Equity
21st Jan 20217:00 amRNSNAV, Dividend Declaration and Q4 2020 Update
14th Jan 20217:00 amRNS$7.0m Investment in one Containership
11th Jan 20217:00 amRNS$15.2m Investment in a Chemical Tanker
5th Jan 20217:00 amRNSTeam Increases Stake in Investment Manager
5th Jan 20217:00 amRNS$6.75m Investment in one Containership
9th Nov 20207:00 amRNS$19.0m Divestment of a Suezmax Tanker
27th Oct 20207:00 amRNS$10.6m Investment in one Handysize Bulk Carrier
26th Oct 20207:00 amRNSNAV, Dividend Declaration and Q3 2020 Update
23rd Oct 20202:15 pmRNSResult of Annual General Meeting
8th Oct 20207:00 amRNSUnaudited 3Q20 NAV Estimate and Company Update
5th Oct 20207:00 amRNS$23.0m Investment in 2 Product Tankers & New Loan
28th Sep 20204:37 pmRNSDirector/PDMR Shareholding
28th Sep 20207:00 amRNSDirector/PDMR Shareholding
28th Sep 20207:00 amRNSTransaction in Own Shares
25th Sep 20207:00 amRNSTransaction in Own Shares
24th Sep 20207:00 amRNSFinal Results and Notice of AGM
11th Sep 20201:30 pmRNSBoard Appointment - Update
9th Sep 20204:15 pmRNSBoard Appointment
14th Aug 20207:00 amRNSTransaction in Own Shares
13th Aug 20209:29 amRNSTransaction in Own Shares
6th Aug 20207:00 amRNSTransaction in Own Shares
30th Jul 20207:00 amRNSNAV, Dividend Declaration and Q2 2020 Update
19th Jun 20207:00 amRNSNotification of Major Shareholder
30th Apr 20207:00 amRNSNAV, Dividend Declaration and Q1 2020 Update
6th Apr 20207:00 amRNSUnaudited 31 March 2020 NAV Estimate and Update
27th Mar 20203:15 pmRNSInterim Results for period ended 31 December 2019
27th Mar 20207:00 amRNS$7.0m Investment in a Handysize Bulk Carrier
4th Mar 20207:00 amRNSCompany Update and Unaudited 29 February 2020 NAV
3rd Feb 20207:02 amRNS$13.25m Investment in Product Tanker; New Charter
3rd Feb 20207:00 amRNS$19.3m Divestment of three General Cargo vessels
30th Jan 20207:00 amRNSNAV, Dividend Declaration and Q4 2019 Update
18th Dec 20197:00 amRNSNotification of Major Shareholder
28th Oct 20197:00 amRNSNAV, Dividend Declaration and Q3 2019 Update
25th Oct 20193:07 pmRNSResult of Annual General Meeting
10th Oct 20197:00 amRNS$8.75m Investment in one Containership
4th Oct 20197:00 amRNSNotification of Major Shareholder
30th Sep 20197:00 amRNS$19.9m Investment in one Crude Oil Tanker
25th Sep 20197:00 amRNSNotification of Major Shareholder
24th Sep 20197:00 amRNSKey global initiative for shipping decarbonization
20th Sep 20197:00 amRNSResult of Placing under Placing Programme
18th Sep 20194:04 pmRNSPUBLICATION OF SUPPLEMENTARY PROSPECTUS
11th Sep 20197:01 amRNSPROPOSED PLACING UNDER PLACING PROGRAMME
11th Sep 20197:00 amRNSFinal Results
29th Jul 20197:00 amRNSNAV, Dividend Declaration and Q2 2019 Update
1st Jul 20197:00 amRNS$28.3m Investment in a Containership
25th Apr 20197:00 amRNSNAV, Dividend Declaration and Q1 2019 Update
3rd Apr 20197:00 amRNS$13.15m Investment in two General Cargo vessels
21st Mar 20191:51 pmRNSDirector's Dealing
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