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RNS Number : 8705O 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
+44 (0) 20 3757 6880
Cavendish Securities plc Stephen Keys
(Nomad and Broker) +44 (0) 207 220 0500
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
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/ Initial Notification
Amendment
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
Identification Code 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 Not applicable
- Aggregated Volume
- Price
e. Date of the transaction 4 October 2023
f. Place of the transaction AIMX
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/ Initial Notification
Amendment
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
Identification Code 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 Not applicable
- Aggregated Volume
- Price
e. Date of the transaction 4 October 2023
f. Place of the transaction AIMX
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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