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

Taylor MaritimeAnnouncement

08/09/2025 14:00

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RNS Number : 4520Y  Taylor Maritime Limited  08 September 2025

8 September 2025

 

Taylor Maritime Limited (the "Company")

Director/PDMR Shareholding

 

The Company announces the vesting of ordinary shares in the capital of the
Company ("Ordinary Shares") awarded to Alexander Slee (Deputy Chief Executive
Officer) as follows:

 

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

                                             Ordinary Share   following Acquisition   issued share capital now held
  Alexander Slee   148,431 1  (#_ftn1)       Nil              635,827                 0.193%

 

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                                                         Alexander Slee

 2    Reason for the notification

 a)   Position/status                                              Deputy Chief Executive 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                                    Receipt of vested award shares transferred from the Company's Employee Benefit

                                                            Trust.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         Nil                   148,431

 d)   Aggregated information

      - Aggregated volume                                          148,431
      - Total Price                                                Nil

 e)   Date of the transaction                                      3 September 2025

 f)   Place of the transaction                                     London Stock Exchange (off market)

 

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 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

 

 

 1  (#_ftnref1) The balance of shares transferred net of the estimated tax
liability from a total vesting of 380,551 award shares.

This approach is consistent with the vesting of award shares announced on 20
February 2025, where the balance of 430,500 shares was transferred net of the
estimated tax liability from a total vesting of 621,849 award shares.

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