Company Announcements

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

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:

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.