Director/PDMR Shareholding

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 [phone]
Cavendish Capital Markets Limited (Nomad and Broker)	Stephen Keys [phone]
SEC Newgate (Financial Communications)	Elisabeth Cowell/ Bob Huxford [phone] [e-mail]

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 Identification Code	Ordinary shares of nil par value ISIN: GG00BKSH7R87
b.	Nature of the transaction	Purchase of Ordinary Shares
c.	Price(s) and volume(s)		Price(s) Volume(s) 1.5725p 624,419
d.	Aggregated information - Aggregated Volume - Price	Not applicable
e.	Date of the transaction	11 January 2024
f.	Place of the transaction	AIMX

 

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