Taylor Maritim Share News (TMI)

Taylor Maritime Ltd - Guernsey, England-based shipping investor - Says name change from Taylor Maritime Investments Ltd is effective on Monday after shareholders backed move. The company confirms the transfer of its ordinary shares listing from the closed-ended investment funds category to the equity shares category of the Official List, effective on Monday. It appoints Deputy Chief Executive Officer Alexander Slee, Chief Financial Officer Yam Lay Tan and Chief Strategy Officer Camilla Pierrepont as executive directors with effect from Tuesday.

Chair Henry Strutt said: "On behalf of the board, we are pleased with the support from our shareholders to the resolutions proposed at our 13 January [extraordinary general meeting] which we consider to be a natural step in the company's evolution as a commercial company and will provide greater operational flexibility to deliver sustainable, long-term value for shareholders."

Current stock price: 63.47 pence, down 2.1%

12-month change: down 2.4%

By Michael Hennessey, Alliance News reporter

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