Director/PDMR Shareholding
Further to the announcements on 22 August and
|
Director/PDMR |
Ordinary Shares Acquired |
Price per Ordinary Share |
following Acquisition |
% of the Company's issued share capital now held |
|
|
52,919 |
Nil |
688,746 |
0.209% |
|
|
54,878 |
Nil |
941,267 |
0.285% |
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
|
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a)
|
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|
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2
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Reason for the notification
|
||||
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a)
|
Position/status
|
Deputy Chief Executive Officer |
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|
b)
|
Initial notification /Amendment
|
Initial notification |
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|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
|
a)
|
|
|
|||
|
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 |
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|
|
|
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|
b)
|
Nature of the transaction
|
Receipt of vested award shares transferred from the Company's |
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c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
Nil |
52,919 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
|
|
||||
|
- Aggregated volume |
52,919 |
||||
|
- Total Price |
Nil |
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
|
|||
|
f)
|
Place of the transaction
|
|
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|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
|
a)
|
|
|
|||
|
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)
|
|
|
|||
|
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
|
Receipt of vested award shares transferred from the Company's |
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|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
Nil |
54,878 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
|
|
||||
|
- Aggregated volume |
54,878 |
||||
|
- Total Price |
Nil |
||||
|
|
|
||||
|
e)
|
Date of the transaction
|
|
|||
|
f)
|
Place of the transaction
|
|
|||
ENDS
|
For further information, please contact:
|
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|
The person responsible for arranging for the release of this announcement on behalf of the Company is
Notes to Editors
About the Company
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 14 dry bulk vessels (including 6 vessels held for sale) consisting of 8 Handysize vessels and 6 Supra/Ultramax vessels. The Company also has 1 vessel under JV agreement and 6 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 target dividend policy is
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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