Picture of Taylor Maritime logo

TMI Taylor Maritime News Story

0.000.00%
gb flag iconLast trade - 00:00
IndustrialsConservativeSmall CapSuper Stock

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

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260514:nRSN4235Ea&default-theme=true

RNS Number : 4235E  Taylor Maritime Limited  14 May 2026

14 May 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 11 May 2026:

 

 Director/PDMR         Ordinary Shares Redeemed  Price per        Total holding          % of the Company's

                                                 Ordinary Share   following Redemption   issued share capital
  Edward Buttery       404,788                   US$ 0.8583       1,660,436              1.1581%
  Trudi Clark          12,702                    US$ 0.8583       52,102                 0.0363%
  Camilla Pierrepont   98,528                    US$ 0.8583       404,159                0.2819%
  Alexander Slee       72,903                    US$ 0.8583       299,047                0.2086%
  Henry Strutt         7,832                     US$ 0.8583       32,132                 0.0224%
  Charles Maltby       12,172                    US$ 0.8583       49,928                 0.0348%
  Gordon French        10,585                    US$ 0.8583       43,419                 0.0303%
  Yam Lay Tan          82,220                    US$ 0.8583       337,266                0.2352%
  Rebecca Brosnan      5,293                     US$ 0.8583       21,708                 0.0151%

 

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)                                   GG00BTZC2850

 b)   Nature of the transaction                                    Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on

                                                            11 May 2026.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         US$ 0.8583            404,788

 d)   Aggregated information

      - Aggregated volume                                          404,788
      - Total Price                                                US$ 347,429.54

 e)   Date of the transaction                                      11 May 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)                                   GG00BTZC2850

 b)   Nature of the transaction                                    Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on

                                                            11 May 2026.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         US$ 0.8583            12,702

 d)   Aggregated information

      - Aggregated volume                                          12,702
      - Total Price                                                US$ 10,902.13

 e)   Date of the transaction                                      11 May 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)                                   GG00BTZC2850

 b)   Nature of the transaction                                    Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on

                                                            11 May 2026.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         US$ 0.8583            98,528

 d)   Aggregated information

      - Aggregated volume                                          98,528
      - Total Price                                                US$ 84,566.58

 e)   Date of the transaction                                      11 May 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)                                   GG00BTZC2850

 b)   Nature of the transaction                                    Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on

                                                            11 May 2026.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         US$ 0.8583            72,903

 d)   Aggregated information

      - Aggregated volume                                          72,903
      - Total Price                                                US$ 62,572.64

 e)   Date of the transaction                                      11 May 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)                                   GG00BTZC2850

 b)   Nature of the transaction                                    Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on

                                                            11 May 2026.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         US$ 0.8583            7,832

 d)   Aggregated information

      - Aggregated volume                                          7,832
      - Total Price                                                US$ 6,722.21

 e)   Date of the transaction                                      11 May 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)                                   GG00BTZC2850

 b)   Nature of the transaction                                    Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on

                                                            11 May 2026.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         US$ 0.8583            12,172

 d)   Aggregated information

      - Aggregated volume                                          12,172
      - Total Price                                                US$ 10,447.23

 e)   Date of the transaction                                      11 May 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)                                   GG00BTZC2850

 b)   Nature of the transaction                                    Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on

                                                            11 May 2026.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         US$ 0.8583            10,585

 d)   Aggregated information

      - Aggregated volume                                          10,585
      - Total Price                                                US$ 9,085.11

 e)   Date of the transaction                                      11 May 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)                                   GG00BTZC2850

 b)   Nature of the transaction                                    Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on

                                                            11 May 2026.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         US$ 0.8583            82,220

 d)   Aggregated information

      - Aggregated volume                                          82,220
      - Total Price                                                US$ 70,569.43

 e)   Date of the transaction                                      11 May 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)                                   GG00BTZC2850

 b)   Nature of the transaction                                    Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on

                                                            11 May 2026.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         US$ 0.8583            5,293

 d)   Aggregated information

      - Aggregated volume                                          5,293
      - Total Price                                                US$ 4,542.98

 e)   Date of the transaction                                      11 May 2026

 f)   Place of the transaction                                     London Stock Exchange

 

 

ENDS

 

 

 For further information, please contact:

Taylor Maritime Limited              IR@taylormaritime.com

 Edward Buttery

 Kael O'Sullivan

 Jefferies International Limited      +44 20 7029 8000

 Stuart Klein

 Gaudi Le Roux

 Panmure Liberum Limited              +44 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.

As announced on 20 March 2026, the Company is pursuing a managed realisation
of the Company's assets, prioritising the maximisation of proceeds from vessel
sales and future returns of capital to shareholders whilst maintaining
sufficient working capital for the Company's operations.  The timing of
disposals and subsequent returns of capital will be influenced by market
conditions and commercial factors.

The Company, through its subsidiaries, currently has an owned fleet of 6 dry
bulk vessels consisting of 4 Handysize vessels and 2 Supra/Ultramax
vessels.  The Company also has one vessel under JV agreement and one vessel
in its chartered in fleet.  The ships are employed utilising a mix of time
charter and voyage charter to optimise fleet earnings and cargo coverage.

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.

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  DSHQZLFFQELXBBQ



            Copyright 2019 Regulatory News Service, all rights reserved

Recent news on Taylor Maritime

See all news