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 Limited (Nomad and Broker) | Stephen Keys +44 (0) 207 220 0500 |
| SEC Newgate (Financial Communications) | Elisabeth Cowell/ Bob Huxford +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 | |||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||
| a. | Name | John Fitzgerald | |||||
| 2 | Reason for notification | | |||||
| a. | Position/Status | Non-Executive Director | |||||
| b. | Initial notification/ Amendment | Initial Notification | |||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
| a. | Name | Mercantile Ports & Logistics Limited | |||||
| b. | LEI | 213800UT113BW8VXV311 | |||||
| 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 of nil par value ISIN: GG00BKSH7R87 | |||||
| b. | Nature of the transaction | Purchase of Ordinary Shares | |||||
| c. | Price(s) and volume(s) |
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| d. | Aggregated information - Aggregated Volume - Price | Not applicable
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| e. | Date of the transaction | 11 January 2024
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| f. | Place of the transaction | AIMX
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