⌘K
t
Taylor Maritime Limited announced on 14 May 2026 that nine Directors and Persons Discharging Managerial Responsibilities (PDMRs) underwent a compulsory partial redemption of ordinary shares. This redemption, which occurred on 11 May 2026, involved a total of 707,023 ordinary shares across these individuals at a consistent price of US$ 0.8583 per share.
| Date | 14 May 2026 |
| Time | 17:40:14 |
| Category | Director/PDMR dealings |
| ID | 4235E |
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:
|
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