Director/PDMR Shareholdings

Mercantile Ports & Logistics Ltd

05 October 2023

 

5 October 2023

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 4 October 2023, Dmitri Tsvetkov, Non-Executive Director of the Company, purchased 291,743 ordinary shares of nil par value each in the capital of the Company ("Ordinary Shares") at a price of 2.73 pence per Ordinary Share via his SIPP.

In addition, on 4 October 2023 John Fitzgerald, Non-Executive Director of the Company, purchased 582,669 Ordinary Shares at a price of 2.65 pence per Ordinary Share.

As a result, Dmitri Tsvetkov is now interested in a total of 291,743 Ordinary Shares, representing 0.08% of the Company's issued share capital. John Fitzgerald, along with his spouse, is interested in a total of 646,792 Ordinary Shares, representing 0.18% 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.

Change of Name of Nominated Adviser and Broker

The Company also announces that its Nominated Adviser and Broker has changed its name to Cavendish Securities plc following completion of its own corporate merger.

- Ends -

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

MPL	c/o SEC Newgate [phone]
Cavendish Securities plc (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	Dmitri Tsvetkov
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) 2.73p 291,743
d.	Aggregated information - Aggregated Volume - Price	Not applicable
e.	Date of the transaction	4 October 2023
f.	Place of the transaction	AIMX

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) 2.65p 582,669
d.	Aggregated information - Aggregated Volume - Price	Not applicable
e.	Date of the transaction	4 October 2023
f.	Place of the transaction	AIMX

 

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