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Our investment objective

The Company’s investment objective is to provide investors with an attractive level of regular, stable and growing income and the potential for capital growth through investing primarily in vessels, usually employed or to be employed on fixed period charters.

Investment Policy

In order to achieve its investment objective, the Company will invest in a diversified Portfolio of vessels which will primarily be second-hand and which historically have demonstrated average yields in excess of the Company’s target dividend yield from time to time and are capable of being acquired at valuations that are expected to be below long-term average prices or depreciated replacement cost.

It is intended that the Company will hold vessels through SPV(s) which will be wholly owned and controlled by the Company and may be held through an intermediate holding company. The Company may acquire vessels through asset purchases (in which case the vessel will be transferred to an SPV) or through the acquisition of the relevant vessel owning SPV. The Company may, in exceptional circumstances, also invest in vessels through joint ventures with other parties or other non-wholly-owned structures, although, in such circumstances, the Company will seek, wherever possible, to have a controlling interest.

The Company may also acquire interests (including minority, majority and entire interests) in shipping businesses and companies (“Target Companies”) whose business includes the ownership of vessels provided that no single such investment in a Target Company will exceed (i) 30 per cent of Gross Asset Value in the case of a minority investment and (ii) 40 per cent of Gross Asset Value in the case of an investment that confers majority or entire ownership and where such investment exposure shall be reduced to a maximum of 30 per cent of Gross Asset Value within 18 months of completion of an acquisition of an investment interest that takes the Company’s total exposure to such investment to more than 30 per cent of Gross Asset Value. No single vessel in the relevant Target Company’s portfolio of vessels shall represent more than 20 per cent of Net Asset Value.

The Company will pursue a balanced employment strategy, comprising short term Charters (less than 6 months), medium term Charters (more than 6 months) and long-term Charters (greater than a year) which will benefit from staggered renewals, with a view to flattening the income curve.

Download the new Investment Policy document here

Important Notice

Due to legal restrictions, the contents of the following web pages may not be accessed by persons who are located in the United States, Canada, Japan, Australia or the Republic of South Africa or residents in any EU Member State (other than any EU Member State where Taylor Maritime Investments Limited’s (the “Company’s”) shares are legally marketed) or in any other country where the offer of the securities to the public is not taking place.

The contents of this website is only directed at persons who (i) if they are within the United Kingdom, fall within Articles 49(2)(a) to (d) or 19(5) of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 or are persons to whom the shares in the Company may otherwise lawfully be offered under such Order and/or persons who are a “professional client” or an “eligible counter party” within the meaning of Chapter 3 of the FCA’s Conduct of Business Sourcebook, or (ii) if they are receiving the prospectus relating to the Company contained in this website (the “Prospectus”) in circumstances under which the laws or regulations of a jurisdiction other than the United Kingdom would apply, are persons to whom the shares described in the Prospectus may be lawfully offered under that other jurisdiction’s laws and regulations (“Relevant Persons”).

The promotion of shares in the Company is restricted under, together, Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers as implemented in the UK, Commission delegated regulation (EU) No 231/2013 as amended and transposed into the laws of the UK pursuant to the European Union (Withdrawal) Act 2018 and the European Union (Withdrawal Agreement) Act 2020 and any secondary legislation, rules, regulations and procedures made pursuant thereto (in each case as amended and transposed into the laws of the UK pursuant to the European Union (Withdrawal) Act 2018 and the European Union (Withdrawal Agreement) Act 2020), The Alternative Investment Fund Managers Regulations 2013 (as amended by The Alternative Investment Fund Managers (Amendment etc.) (EU Exit) Regulations 2019) and the Investment Funds Sourcebook forming part of the FCA Handbook (the “UK AIFM Regime”) and, consequently, information contained on the pages that follow is only directed at persons to whom shares in the Company may lawfully be marketed pursuant to the UK AIFM Regime.

If you are not a Relevant Person, you should not access or view this website and take no further action. Any investment or investment activity to which this website relates is only available to Relevant Persons. By accessing or viewing this website, each user is deemed to confirm, represent and warrant to the Company that it is a Relevant Person and accordingly a person to whom this the contents of this website can be lawfully communicated.

The Company has not been, and will not be, registered under the United States Investment Company Act of 1940, as amended, (the “US Investment Company Act”), and investors will not be entitled to the benefits of the US Investment Company Act. The shares of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended (the “US Securities Act”), or with any securities regulatory authority of any state or other jurisdiction of the United States and may not be offered, sold, exercised, resold, transferred or delivered, directly or indirectly, in or into the United States or to or for the account or benefit of any US Person (within the meaning of Regulation S under the US Securities Act) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction in the United States. There has been and will be no public offer of the Shares in the United States.

While the Company has taken reasonable care to ensure that the information on this website (other than information accessed by hyperlink) is accurate at the time of last revision of the website, the Company accepts no liability for the accuracy or completeness or use of, nor any liability to update, the information contained on this website. The contents of this website should not be construed as the giving of advice or the making of a recommendation and should not be relied on as the basis for any decision or action. In particular, actual results and developments may be materially different from any forecast, forward-looking statement, opinion or expectation expressed on this website.

None of the information contained on the following pages nor any copy thereof may be taken or transmitted in or into the United States or distributed, directly or indirectly, in or into the United States. Persons present in the United States of America are not permitted to access this section of the website and should exit it immediately.

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