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

Taylor Maritime

03/06/2026 12:39

RNS Number : 8795G
  
Taylor Maritime Limited
  
03 June 2026
  
 


3 June 2026
 
Taylor Maritime Limited (the "Company")
Director/PDMR Shareholding
 
The Company announces that Yam Lay Tan, Chief Financial Officer, has sold 337,266 ordinary shares in the capital of the Company ("Ordinary Shares"), as follows:
 




Director/PDMR


Ordinary Shares Sold


Price per
Ordinary Share


Total Holding
following sale


% of the Company's
issued share capital now held




 Yam Lay Tan


337,266


US$ 0.79
 


Nil
 


Nil




 
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
 


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)


GG00BWZ6KJ56














b)
 


Nature of the transaction
 


Sale of Ordinary Shares 




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















US$ 0.79


337,266








d)
 


Aggregated information


















- Aggregated volume


337,266




- Total Price


US$ 266,440.14














e)
 


Date of the transaction
 


29 May 2026
 




f)
 


Place of the transaction
 


London Stock Exchange




 
ENDS
 
 




For further information, please contact: 
 




Taylor Maritime Limited  
Edward Buttery  
Kael O'Sullivan
 


IR@taylormaritime.com
 




Jefferies International Limited  
Stuart Klein 
Gaudi Le Roux


+44 20 7029 8000 
  




 
Panmure Liberum Limited
Chris Clarke
Nicholas How


 
+44 20 3100 2190









 
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.
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
 
 
 
 
 




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