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 July 10, 2026, with shares redeemed at US$0.8583 each. Edward Buttery, the CEO, had 607,181 shares redeemed, leaving him with 1,053,257 shares representing 1.1581% of the issued share capital. Other directors and PDMRs also saw redemptions, including Trudi Clark (19,053 shares), Camilla Pierrepont (147,792 shares), Alexander Slee (109,355 shares), Henry Strutt (11,750 shares), Charles Maltby (18,258 shares), Gordon French (15,878 shares), and Rebecca Brosnan (7,939 shares), with their post-redemption holdings and percentage of issued share capital detailed in the notification.

Disclaimer*

Taylor Maritime Limited
17 July 2026
 

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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END
 
 
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