RNS Number : 3457A

Tufton Oceanic Assets Ltd.

28 September 2020

28 September 2020

Tufton Oceanic Assets Limited ("SHIP")

Director Dealing

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

The Company was notified today that Christine Rødsæther, Non-executive Director of the Company, purchased 20,000 ordinary shares of no par value in the capital of the Company ("Ordinary Shares") at $0.84 per Ordinary Share.

Following this transaction, Ms Rødsæther has a beneficial interest of 20,000 Ordinary Shares representing approximately 0.008% of the total voting rights of the Company.

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

For further information, please contact:

Tufton Investment Management Ltd Andrew Hampson Paulo Almeida	+44 (0) 20 7518 6700
N+1 Singer James Maxwell, Alex Bond (Corporate Finance) Alan Geeves, James Waterlow, Sam Greatrex (Sales)	+44 (0) 20 7496 3000
Hudnall Capital LLP Andrew Cade	+44 (0) 20 7520 9085

PDMR Notification Forms

The notifications below are made in accordance with the requirements of MAR.

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Christine Rødsæther

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 ordinary shares - market transaction

c)

Price(s) and volume(s)

Price(s)	Volume(s)
USD 0.84	20,000

d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction

28 September 2020

f)

Place of the transaction

London Stock Exchange (SFM2)

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