Taylor Maritime Ltd Taylor Maritime -TMI - Director/PDMR Shareholding
17 July 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 10 July 2026:
Director/PDMR
Ordinary Shares Redeemed
Price per
Ordinary Share
Total holding
following Redemption
% of the Company's
issued share capital
Edward Buttery
607,181
US$ 0.8583
1,053,257
1.1581%
Trudi Clark
19,053
US$ 0.8583
33,049
0.0363%
Camilla Pierrepont
147,792
US$ 0.8583
256,370
0.2819%
Alexander Slee
109,355
US$ 0.8583
189,693
0.2086%
Henry Strutt
11,750
US$ 0.8583
20,382
0.0224%
Charles Maltby
18,258
US$ 0.8583
31,670
0.0348%
Gordon French
15,878
US$ 0.8583
27,541
0.0303%
Rebecca Brosnan
7,939
US$ 0.8583
13,769
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)
GG00BWZ6KJ56
b)
Nature of the transaction
Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on 10 July 2026.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
US$ 0.8583
607,181
d)
Aggregated information
- Aggregated volume
607,181
- Total Price
US$ 521,143.45
e)
Date of the transaction
10 July 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)
GG00BWZ6KJ56
b)
Nature of the transaction
Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on 10 July 2026.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
US$ 0.8583
19,053
d)
Aggregated information
- Aggregated volume
19,053
- Total Price
US$ 16,353.19
e)
Date of the transaction
10 July 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)
GG00BWZ6KJ56
b)
Nature of the transaction
Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on 10 July 2026.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
US$ 0.8583
147,792
d)
Aggregated information
- Aggregated volume
147,792
- Total Price
US$ 126,849.87
e)
Date of the transaction
10 July 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)
GG00BWZ6KJ56
b)
Nature of the transaction
Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on 10 July 2026.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
US$ 0.8583
109,355
d)
Aggregated information
- Aggregated volume
109,355
- Total Price
US$ 93,859.40
e)
Date of the transaction
10 July 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)
GG00BWZ6KJ56
b)
Nature of the transaction
Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on 10 July 2026.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
US$ 0.8583
11,750
d)
Aggregated information
- Aggregated volume
11,750
- Total Price
US$ 10,085.03
e)
Date of the transaction
10 July 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)
GG00BWZ6KJ56
b)
Nature of the transaction
Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on 10 July 2026.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
US$ 0.8583
18,258
d)
Aggregated information
- Aggregated volume
18,258
- Total Price
US$ 15,670.84
e)
Date of the transaction
10 July 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)
GG00BWZ6KJ56
b)
Nature of the transaction
Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on 10 July 2026.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
US$ 0.8583
15,878
d)
Aggregated information
- Aggregated volume
15,878
- Total Price
US$ 13,628.09
e)
Date of the transaction
10 July 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)
GG00BWZ6KJ56
b)
Nature of the transaction
Redemption of Ordinary Shares pursuant to the Compulsory Partial Redemption on 10 July 2026.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
US$ 0.8583
7,939
d)
Aggregated information
- Aggregated volume
7,939
- Total Price
US$ 6,814.04
e)
Date of the transaction
10 July 2026
f)
Place of the transaction
London Stock Exchange
ENDS
For further information, please contact:
Taylor Maritime Limited
Edward Buttery
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.
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, in tandem with an orderly winding down of 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 5 dry bulk vessels consisting of 4 Handysize vessels and 1 Ultramax vessel. The ships are all employed on time charter.
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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