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RNS Number : 9624R Taylor Maritime Limited 06 February 2026
6 February 2026
Taylor Maritime Limited (the "Company")
Director/PDMR Shareholding
The Company announces the following changes to Director/PDMR shareholdings in
the Company as a result of the compulsory partial redemption of ordinary
shares in the capital of the Company ("Ordinary Shares") on 30 January 2026:
Director/PDMR Ordinary Shares Redeemed Price per Total holding % of the Company's
Ordinary Share following Redemption issued share capital
Edward Buttery 1,368,474 US$ 0.9441 1,606,727 0.901%
Trudi Clark 55,195 US$ 0.9441 64,805 0.036%
Camilla Pierrepont 432,945 US$ 0.9441 508,322 0.285%
Alexander Slee 316,796 US$ 0.9441 371,950 0.209%
Henry Strutt 34,036 US$ 0.9441 39,964 0.022%
Charles Maltby 52,900 US$ 0.9441 62,100 0.035%
Gordon French 45,996 US$ 0.9441 54,004 0.030%
Yam Lay Tan 357,283 US$ 0.9441 419,486 0.235%
Rebecca Brosnan 22,998 US$ 0.9441 27,002 0.015%
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 Edward Buttery
2 Reason for the notification
a) Position/status 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 Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on
30 January 2026.
c) Price(s) and volume(s)
Price(s) Volume(s)
US$ 0.9441 1,368,474
d) Aggregated information
- Aggregated volume 1,368,474
- Total Price US$ 1,291,976
e) Date of the transaction 30 January 2026
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Trudi Clark
2 Reason for the notification
a) Position/status Non-Executive Director
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 Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on
30 January 2026.
c) Price(s) and volume(s)
Price(s) Volume(s)
US$ 0.9441 55,195
d) Aggregated information
- Aggregated volume 55,195
- Total Price US$ 52,110
e) Date of the transaction 30 January 2026
f) Place of the transaction London Stock Exchange
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
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 Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on
30 January 2026.
c) Price(s) and volume(s)
Price(s) Volume(s)
US$ 0.9441 432,945
d) Aggregated information
- Aggregated volume 432,945
- Total Price US$ 408,743
e) Date of the transaction 30 January 2026
f) Place of the transaction London Stock Exchange
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 Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on
30 January 2026.
c) Price(s) and volume(s)
Price(s) Volume(s)
US$ 0.9441 316,796
d) Aggregated information
- Aggregated volume 316,796
- Total Price US$ 299,087
e) Date of the transaction 30 January 2026
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Henry Strutt
2 Reason for the notification
a) Position/status Non-Executive Chairman
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 Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on
30 January 2026.
c) Price(s) and volume(s)
Price(s) Volume(s)
US$ 0.9441 34,036
d) Aggregated information
- Aggregated volume 34,036
- Total Price US$ 32,133
e) Date of the transaction 30 January 2026
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Charles Maltby
2 Reason for the notification
a) Position/status Non-Executive Director
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 Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on
30 January 2026.
c) Price(s) and volume(s)
Price(s) Volume(s)
US$ 0.9441 52,900
d) Aggregated information
- Aggregated volume 52,900
- Total Price US$ 49,943
e) Date of the transaction 30 January 2026
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Gordon French
2 Reason for the notification
a) Position/status Non-Executive Director
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 Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on
30 January 2026.
c) Price(s) and volume(s)
Price(s) Volume(s)
US$ 0.9441 45,996
d) Aggregated information
- Aggregated volume 45,996
- Total Price US$ 43,425
e) Date of the transaction 30 January 2026
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Yam Lay Tan
2 Reason for the notification
a) Position/status Chief Financial 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 Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on
30 January 2026.
c) Price(s) and volume(s)
Price(s) Volume(s)
US$ 0.9441 357,283
d) Aggregated information
- Aggregated volume 357,283
- Total Price US$ 337,311
e) Date of the transaction 30 January 2026
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Rebecca Brosnan
2 Reason for the notification
a) Position/status Non-Executive Director
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 Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on
30 January 2026.
c) Price(s) and volume(s)
Price(s) Volume(s)
US$ 0.9441 22,998
d) Aggregated information
- Aggregated volume 22,998
- Total Price US$ 21,712
e) Date of the transaction 30 January 2026
f) Place of the transaction London Stock Exchange
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 8 dry
bulk vessels (including 1 vessel held for sale) consisting of 6 Handysize
vessels and 2 Supra/Ultramax vessels. The Company also has 1 vessel under
JV agreement and 4 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 current 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 thereof) 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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