TIDMMPL

RNS Number : 4466Z

Mercantile Ports & Logistics Ltd

12 January 2024

12 January 2024

Mercantile Ports & Logistics Limited

( "MPL" or the "Company" and, together with its subsidiaries, the "Group" )

Director/PDMR Shareholdings

Mercantile Ports & Logistics Limited, which is operating and continuing to develop a port and logistics facility in Navi Mumbai, Maharashtra, India, announces that it has been notified that on 11 January 2024, John Fitzgerald, Non-Executive Director of the Company, purchased 624,419 ordinary shares of nil par value each in the capital of the Company ("Ordinary Shares") at a price of 1.5725 pence per Ordinary Share.

As a result, John Fitzgerald is now interested in a total of 681,002 Ordinary Shares, representing 0.19% of the Company's issued share capital.

The information below, set out in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

- Ends -

For further information, please visit www.mercpl.com or contact:

 
 MPL                           c/o SEC Newgate 
                                +44 (0) 20 3757 6880 
 Cavendish Capital Markets     Stephen Keys 
  Limited                       +44 (0) 207 220 0500 
  (Nomad and Broker) 
                              ------------------------------ 
 SEC Newgate                   Elisabeth Cowell/ Bob Huxford 
  (Financial Communications)    +44 (0) 20 3757 6880 
                                mpl@newgatecomms.com 
                              ------------------------------

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 Notification of a Transaction pursuant to Article 19(1) of Regulation 
  (EU) No. 596/2014 
        Details of the person discharging managerial responsibilities/person 
  1      closely associated 
       ----------------------------------------------------------------------------- 
 a.     Name                                  John Fitzgerald 
       ------------------------------------  --------------------------------------- 
        Reason for notification 
  2 
       ------------------------------------  --------------------------------------- 
 a.     Position/Status                       Non-Executive Director 
       ------------------------------------  --------------------------------------- 
 b.     Initial notification/                 Initial Notification 
         Amendment 
       ------------------------------------  --------------------------------------- 
        Details of the issuer, emission allowance market participant, 
  3      auction platform, auctioneer or auction monitor 
       ----------------------------------------------------------------------------- 
 a.     Name                                  Mercantile Ports & Logistics Limited 
       ------------------------------------  --------------------------------------- 
 b.     LEI                                   213800UT113BW8VXV311 
       ------------------------------------  --------------------------------------- 
        Details of the transaction(s): section to be repeated for 
  4      (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                        Ordinary shares of nil par value 
         the financial 
         instrument, type 
         of instrument 
                                               ISIN: GG00BKSH7R87 
         Identification 
         Code 
       ------------------------------------  --------------------------------------- 
 b.     Nature of the                         Purchase of Ordinary Shares 
         transaction 
       ------------------------------------  --------------------------------------- 
 c.     Price(s) and                              Price(s)   Volume(s) 
         volume(s)                                 1.5725 p   624,419 
                                                             ---------- 
       ------------------------------------    ------------------------------------- 
 d.     Aggregated information                 Not applicable 
         - Aggregated 
         Volume 
         - Price 
       ------------------------------------  --------------------------------------- 
 e.     Date of the transaction               11 January 2024 
       ------------------------------------  --------------------------------------- 
 f.     Place of the                          AIMX 
         transaction 
       ------------------------------------  ---------------------------------------

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHBLGDBXSBDGSB

(END) Dow Jones Newswires

January 12, 2024 02:00 ET (07:00 GMT)

Mercantile Ports and Log... (AQSE:MPL.GB)
Historical Stock Chart
From Dec 2024 to Dec 2024 Click Here for more Mercantile Ports and Log... Charts.
Mercantile Ports and Log... (AQSE:MPL.GB)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Mercantile Ports and Log... Charts.