11 September 2020
Tufton Oceanic Assets Limited ("SHIP")
Board Appointment - Update
Further to its announcement on 9 September, the Board of Directors of Tufton Oceanic Assets Limited (LSE: SHIP) is pleased to confirm the effective date of appointment of Christine Rødsæther as a non-executive Director of the Company as being 10 September 2020.
For further information, please contact:
| Tufton Investment Manager Limited Andrew Hampson Paulo Almeida |
+44 (0) 20 7518 6700 |
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| N+1 Singer James Maxwell, Alex Bond (Corporate Finance) Alan Geeves, James Waterlow, Sam Greatrex (Sales) |
+44 (0) 20 7496 3000 |
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| Hudnall Capital LLP Andrew Cade |
+44 (0) 20 7520 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 Limited. The Company has raised a total of approximately $250m (gross) through its Initial Public Offering on the Specialist Fund Segment of the London Stock Exchange, on 20 December 2017, a subsequent placing and offer in October 2018, a placing in March 2019 and a placing in September 2019.
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