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Mercantile Ports&Log (MPL)

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Wednesday 22 January, 2020

Mercantile Ports&Log

Director/PDMR Shareholding

RNS Number : 6012A
Mercantile Ports & Logistics Ltd
22 January 2020
 

22 January 2020

Mercantile Ports & Logistics Limited

("MPL" or the "Company")

 

Director / PDMR Share Purchase

 

The Company announces that Howard Flight, Non-Executive Director, through his pension scheme, purchased 800,000 ordinary shares in the Company on 16 January 2020 at a price of 1.225p per share.

 

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs") with them.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

The Mr & Mrs HE Flight Pension Trust

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Person closely associated with Lord Howard Flight

b)

 

Initial notification /Amendment

 

 

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Mercantile Ports and 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



Identification code

ISIN: GG00B53M7D91



b)

 

Nature of the transaction

 

 

Purchase of ordinary shares

c)

 

Price(s) and volume(s)







 Price

No. of shares




1.225p

800,000







d)

 

Aggregated information



N/A - single transaction

- Aggregated volume




- Price




e)

 

Date of the transaction

 

16 January 2020

f)

 

Place of the transaction

 

London Stock Exchange, AIM Market (XLON)

 

 

-ENDS-

MPL

C/O Newgate Communications

+44 (0) 20 3757 6880

 

Cenkos Securities plc

(Nomad and Broker)

Stephen Keys

+44 (0) 20 7397 8900

 

Newgate Communications

(Financial PR)

Adam Lloyd

Isabelle Smurfit

+44 (0) 20 3757 6880

[email protected]

 


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 [email protected] or visit www.rns.com.
 
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