Director/PDMR Shareholding

Summary by AI BETAClose X

Taylor Maritime Limited announced changes to Director/PDMR shareholdings following a compulsory partial redemption of ordinary shares on May 11, 2026, with transactions occurring at US$0.8583 per share. Edward Buttery, the Chief Executive Officer, had 404,788 ordinary shares redeemed, leaving him with 1,660,436 shares representing 1.1581% 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 announcement.

Disclaimer*

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

Ordinary Share

Total holding

following Redemption

% of the Company's

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  

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.

LEI: 213800FELXGYTYJBBG50

 

 

 

 

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