Replacement Director/PDMR Shareholding
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Director/PDMR Shareholding
The following replaces the announcement released at 12:32 on 7 November 2024 under RNS Number 4010L in its entirety. The announcement previously stated 'The Price per Ordinary Share of USD1.06' This has been updated to reflect the correct exercise price for awards over the ordinary shares in the capital of the Company which were transferred after vesting and exercise of the awards.
The Company announces the vesting and exercise of awards over ordinary shares in the capital of the Company ("Ordinary Shares") granted to Edward Buttery (Chief Executive Officer) and Yam Lay Tan (Chief Financial Officer) as follows:
| Director/PDMR | Ordinary Shares Acquired | Price per Ordinary Share | Total Holding following Acquisition | % of the Company's issued share capital now held |
| Edward Buttery | 835,600 | Nil | 1,450,600 | 0.439% |
| Yam Lay Tan | 469,301 | Nil | 469,301 | 0.142% |
| 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 | ||
| a) | Name | Taylor Maritime Investments Limited | ||
| b) | LEI | 213800FELXGYTYJBBG50 | ||
| a) | Description of the financial instrument, type of instrument | Ordinary shares | ||
| Identification code (ISIN) | GG00BP2NJT37 | |||
| b) | Nature of the transaction | Receipt of award shares transferred from the Company's Employee Benefit Trust following exercise of nil cost options. | ||
| c) | Price(s) and volume(s) | |||
| Price(s) | Volume(s) | |||
| Nil | 835,600 | |||
| d) | Aggregated information | |||
| - Aggregated volume | 835,600 | |||
| - Total Price | Nil | |||
| e) | Date of the transaction | 27 September 2024 | ||
| f) | Place of the transaction | London Stock Exchange (off market) | ||
| 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 | ||
| a) | Name | Taylor Maritime Investments Limited | ||
| b) | LEI | 213800FELXGYTYJBBG50 | ||
| a) | Description of the financial instrument, type of instrument | Ordinary shares | ||
| Identification code (ISIN) | GG00BP2NJT37 | |||
| b) | Nature of the transaction | Receipt of award shares transferred from the Company's Employee Benefit Trust following exercise of nil cost options. | ||
| c) | Price(s) and volume(s) | |||
| Price(s) | Volume(s) | |||
| Nil | 469,301 | |||
| d) | Aggregated information | |||
| - Aggregated volume | 469,301 | |||
| - Total Price | Nil | |||
| e) | Date of the transaction | 17 September 2024 | ||
| f) | Place of the transaction | London Stock Exchange (off market) |
About Geared Vessels
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