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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
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