REG - Taylor Maritime Ltd Taylor Maritime -TMI - Appointment of Joint Corporate Broker

Taylor MaritimeAnnouncement

29/07/2025 07:00

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RNS Number : 6224S  Taylor Maritime Limited  29 July 2025

29 July 2025

 

Taylor Maritime Limited (the "Company" or "TM")

 

Appointment of Joint Corporate Broker

 

The Board of Taylor Maritime Limited, the listed specialist dry bulk shipping
company, is pleased to announce the appointment of Panmure Liberum Limited as
its joint Corporate Broker alongside Jefferies International Limited with
immediate effect.

 

ENDS

 

 For further information, please contact:

Taylor Maritime Limited              IR@taylormartitime.com

 Edward Buttery

 Kael O'Sullivan

 Jefferies International Limited      +44 20 7029 8000

 Stuart Klein

 Gaudi Le Roux

 Panmure Liberum Limited              +44 (0) 20 3100 2190

 Chris Clarke

 Nicholas How

 

 

The person responsible for arranging for the release of this announcement on
behalf of the Company is Matt Falla, Company Secretary.

 

Notes to Editors

 

About the Company

Taylor Maritime Limited (formerly Taylor Maritime Investments Limited) is a
shipping company listed under the equity shares (commercial companies)
category of the Official List, with its shares trading on the Main Market of
the London Stock Exchange since May 2021.  Between May 2021 and February
2025, the Company was listed under the closed-ended investment funds category
of the Official List.

 

The Company is focused on navigating shipping market cycles on behalf of its
shareholders, leveraging a dynamic and experienced management team with deep
relationships in the industry and an agile business model underpinned by low
leverage and financial flexibility, to deliver long-term attractive returns
through both income and capital appreciation.

 

The Company, through its subsidiaries, currently has an owned fleet of 14 dry
bulk vessels (including 6 vessels held for sale) consisting of 8 Handysize
vessels and 6 Supra/Ultramax vessels.  The Company also has 1 vessel under JV
agreement and 6 vessels in its chartered in fleet.  The ships are employed
utilising a mix of time charter, voyage charter, and Contracts of
Affreightment ("CoAs") to optimise fleet earnings and cargo coverage.

The Company's target dividend policy is 8 cents p.a. paid on a quarterly
basis.

 

For more information, please visit www.taylormaritime.com
(http://www.taylormaritime.com/) .

 

About Geared Vessels

Geared vessels are characterised by their own cargo loading equipment. The
Handysize and Supra/Ultramax market segments are particularly attractive,
given the flexibility, versatility and port accessibility of these vessels
which carry necessity goods - principally food and products related to
infrastructure building - ensuring broad diversification of fleet activity and
stability of earnings through the cycle.

 

IMPORTANT NOTICE

The information in this announcement may include forward-looking statements,
which are based on the current expectations and projections about future
events and in certain cases can be identified by the use of terms such as
"may", "will", "should", "expect", "anticipate", "project", "estimate",
"intend", "continue", "target", "believe" (or the negatives thereon) or other
variations thereon or comparable terminology. These forward-looking statements
are subject to risks, uncertainties and assumptions about the Company,
including, among other things, the development of its business, trends in its
operating industry, and future capital expenditures and acquisitions. In light
of these risks, uncertainties and assumptions, the events in the
forward-looking statements may not occur.

References to target dividend yields and returns are targets only and not
profit forecasts and there can be no assurance that these will be achieved.

 

LEI: 213800FELXGYTYJBBG50

 

 

 

 

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