REG - Mercantile Ports&Log - Director/PDMR Shareholding

Mercantile Ports & LogisticsAnnouncement

22/01/2020 11:25

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
mpl@newgatecomms.com



 




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