RNS Number: 9195Q
Tiger Resource Plc
22 February 2019
Tiger Resource Plc
('Tiger' or 'the Company')
Disposal of shares in Royal Dutch Shell Plc
Tiger Resource Plc is pleased to announce that the Company sold 2,700 Royal Dutch Shell Plc ("RDS") shares on 22 February 2019 realising net proceeds of £64,933.14 The disposal proceeds will be used as both as general working capital for the Company and to target new investments in the natural resource sector.
Tiger received dividend income totaling £3,956.58 from RDS in the year ended 31 December 2018.
For further information please contact:
The Company also announces that Novum Securities Limited will be the Company's sole broker with immediate effect.
Tiger Resource Plc | Raju Samtani, Finance Director | +44 (0) 207 581 4477 |
Beaumont Cornish Limited (Nominated Adviser) | Roland Cornish/ Felicity Geidt | +44 (0) 207 628 3369 Email: corpfin@bcornish.co.uk |
Novum Securities Limited (Broker) | Jon Belliss | +44 (0)20 7399 9425 |
Note:
RDS is an international energy company which aims to meet the world's growing need for more and cleaner energy solutions in ways that are economically, environmentally and socially responsible. For the year ended 31 December 2017, RDS reported a net profit on ordinary activities before taxation of US$18,130M and had at that date net assets of US$197,812M.
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
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