REG - Taylor Maritime Ltd Taylor Maritime -TMI - Director/PDMR Shareholding

Taylor MaritimeAnnouncement

31/03/2025 10:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250331:nRSe9242Ca&default-theme=true

RNS Number : 9242C  Taylor Maritime Limited  31 March 2025

31 March 2025

 

Taylor Maritime Limited (the "Company")

Director/PDMR Shareholding

 

The Company announces that Camilla Pierrepont, Chief Strategy Officer, has
purchased 100,000 ordinary shares in the capital of the Company ("Ordinary
Shares") as follows:

 

 Director/PDMR       Ordinary Shares Acquired  Price per        Total Holding           % of the Company's

                                               Ordinary Share   following Acquisition   issued share capital now held
 Camilla Pierrepont  100,000                   USD0.79          728,929                 0.221%

 

The relevant notifications set out below are provided in accordance with the
requirements of the Market Abuse Regulation.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Camilla Pierrepont

 2    Reason for the notification

 a)   Position/status                                              Executive Director, Chief Strategy Officer

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Taylor Maritime Limited

 b)   LEI                                                          213800FELXGYTYJBBG50

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Ordinary shares

      Identification code (ISIN)                                   GG00BP2NJT37

 b)   Nature of the transaction                                    Purchase of Ordinary Shares.

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     $0.79             100,000

 d)   Aggregated information

      - Aggregated volume                                          100,000
      - Total Price                                                USD79,000

 e)   Date of the transaction                                      28 March 2025

 f)   Place of the transaction                                     London Stock Exchange

 

 

ENDS

 

 For further information, please contact:

Taylor Maritime Limited              IR@taylormaritime.com (mailto:IR@taylormaritime.com)

 Edward Buttery

 Camilla Pierrepont

 Jefferies International Limited      +44 20 7029 8000

 Stuart Klein

 Gaudi Le Roux

 

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's strategy is focused upon providing investors
with an attractive level of regular, stable, growing income, and the potential
for capital growth. The Group engages in shipping activities, optimising
earnings from safely operating and trading the fleet under an enhanced
strategy, using a mix of time charter, voyage, and CoA cargo cover.

The Company, through its subsidiaries, currently has an owned fleet of 30 dry
bulk vessels consisting of 20 Handysize vessels and 10 Supra/Ultramax vessels
(including one vessel under JV agreement).  The Company also has six vessels
in its chartered in fleet. The ships are employed utilising a variety of
employment/charter strategies.

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 and discharging
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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHKFLBXEXLXBBK