REG - Tiger Royalties&Invs - Quarter-end portfolio value update

Tiger Royalties and InvestmentsAnnouncement

11/04/2024 07:00

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RNS Number : 1066K  Tiger Royalties and Investments PLC  11 April 2024

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,                                                                                          +44 (0)20 7581 4477
                                      Director
 Beaumont Cornish (Nomad)             Roland Cornish                                                                                         +44 (0)20 7628 3369

                                      Felicity Geidt
                                      Email:corpfin@bcornish.co.uk (mailto:corpfin@bcornish.co.uk)

Novum Securities Plc              Jon Belliss
                                    +44
(0)20 7399 9425

(Broker)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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