Quarter-end portfolio value update
Source: RNS
For immediate release 11 April 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 31 March 2024 was 0.07 pence (31 December 2023 - 0.08 pence), both per ordinary share.
Cash and investments held by the Company as at 31/03/24
|
Name |
Number of shares |
Share price |
Valuation |
|
|
£ |
£ |
|||
|
African Pioneer Plc |
8,810,056 |
0.01850 |
162,986 |
|
|
Bezant Resources Plc |
83,870,371 |
0.00020 |
16,774 |
|
|
Caerus Mineral Resources Plc (2) |
500,000 |
0.01130 |
5,650 |
|
|
Galileo Resources Plc |
6,516,667 |
0.01050 |
68,425 |
|
|
Goldquest Mining Corp. |
173,500 |
0.08920 |
15,476 |
|
|
Jubilee Metals Group Plc |
869,600 |
0.05600 |
48,698 |
|
|
Kendrick Resources Plc |
83,333 |
0.00480 |
400 |
|
|
|
|
|
|
|
|
Total Investments |
|
|
318,409 |
|
|
|
|
|
|
|
|
Cash |
|
|
51,980 |
|
|
|
|
|
|
|
|
Total cash and Investments |
|
|
370,389 |
|
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 announcement will disclose the PV per share and investments at 30 June 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)
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