For
immediate release
08 October 2024
Tiger Royalties and Investments
Plc
('Tiger' or 'the Company')
Quarter-end Portfolio Value
Update
The unaudited portfolio value ("PV")
(based on investments and cash only) at 30 September 2024
was 0.06 pence (30 June 2024 - 0.08 pence),
both per ordinary share.
Cash
and investments held by the Company as at
30/09/24
|
Name
|
Number of
shares
|
Share
price
|
Valuation
|
|
£
|
£
|
|
African Pioneer Plc
|
8,810,056
|
0.01800
|
158,581
|
|
Bezant Resources Plc
|
83,870,371
|
0.00020
|
16,774
|
|
Galileo Resources Plc
|
6,516,667
|
0.01100
|
71,683
|
|
Jubilee Metals Group Plc
|
869,600
|
0.04800
|
41,741
|
|
Kendrick Resources Plc
|
83,333
|
0.00896
|
747
|
|
|
|
|
|
|
Total Investments
|
|
|
289,526
|
|
|
|
|
|
|
Cash
|
|
|
22,891
|
|
|
|
|
|
|
Total cash and Investments
|
|
|
312,417
|
|
|
|
|
|
|
|
|
|
| |
Notes:
1) The above PV calculation is
based on 535,128,554 Ordinary shares with a nominal value of 0.1
pence each being the Company's issued share capital of 539,628,554
Ordinary Shares less 4,500,000 Ordinary Shares held in
treasury.
2) On 1 November 2022, the 13,618
shares in Corallian Energy Limited ("CEL") held by Tiger were sold
as part of a sale of CEL to Shell UK Limited ("SUKL") for a
potential total consideration of £3.20 for each CEL share. The
final contingent payment being £1.10 per CEL share, computing to a
total amount £14,979.80 was received by Tiger on 22 January
2024.
3) All reporting is
made on a quarterly basis and accordingly the next portfolio
announcement will disclose the PV per share and investments at 31
December 2024. The Company will disclose its investments on
a quarterly basis when disclosing its PV.
This announcement contains inside
information for the purposes of Article 7 of Regulation
2014/596/EU as it forms part of the UK law pursuant to
the European Union (Withdrawal) Act 2018.
For further information please
contact:
|
Tiger Royalties and Investments Plc
|
Raju Samtani,
Director
|
+44 (0)20 7581 4477
|
|
Beaumont Cornish (Nomad)
|
Roland Cornish
Felicity Geidt
|
+44 (0)20 7628 3369
|
|
|
Email:corpfin@bcornish.co.uk
|
|
Novum
Securities Plc
Jon Belliss
+44 (0)20 7399
9425
(Broker)
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's
Nominated Adviser and is authorised and regulated by the FCA.
Beaumont Cornish's responsibilities as the Company's Nominated
Adviser, including a responsibility to advise and guide the Company
on its responsibilities under the AIM Rules for Companies and AIM
Rules for Nominated Advisers, are owed solely to the London Stock
Exchange. Beaumont Cornish is not acting for and will not be
responsible to any other persons for providing protections afforded
to customers of Beaumont Cornish nor for advising them in relation
to the proposed arrangements described in this announcement or any
matter referred to in it.
