Director/PDMR Shareholding

Summary by AI BETAClose X

Taylor Maritime Limited announced changes to director and PDMR shareholdings following a compulsory partial redemption of ordinary shares on January 30, 2026, with shares redeemed at US$0.9441 each. Edward Buttery, the CEO, had 1,368,474 ordinary shares redeemed, leaving him with 1,606,727 shares representing 0.901% of the company's issued share capital. Other directors and PDMRs also saw redemptions, including Trudi Clark, Camilla Pierrepont, Alexander Slee, Henry Strutt, Charles Maltby, Gordon French, Yam Lay Tan, and Rebecca Brosnan, with their post-redemption holdings and percentage of issued share capital detailed in the notification.

Disclaimer*

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

Ordinary Share

Total holding

following Redemption

% of the Company's

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  

Edward Buttery  

Kael O'Sullivan

 

IR@taylormartitime.com

Jefferies International Limited  

Stuart Klein 

Gaudi Le Roux

 

+44 20 7029 8000 

  

Panmure Liberum Limited

Chris Clarke

Nicholas How

 

+44 (0) 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 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.

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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