REG - Mercantile Ports&Log - Director/PDMR Shareholding

Mercantile Ports & LogisticsAnnouncement

02/12/2020 07:00

RNS Number : 1929H
  
Mercantile Ports & Logistics Ltd
  
02 December 2020
  
 

2 December 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 4,200,000 ordinary shares in the Company on 1 December 2020 at a price of 0.23p 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 
















0.23p


4,200,000






























d) 
 


Aggregated information 












N/A - single transaction




- Aggregated volume


















- Price


















e) 
 


Date of the transaction 
 


1 December 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
 
 







Zeus Capital Limited
(Joint Broker) 






John Goold (Corporate Broking)
+44 (0)203 829 5000




Newgate Communications
(Financial PR)


Adam Lloyd
Isabelle Smurfit
+44 (0) 20 3757 6880
mpl@newgatecomms.com



 

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
DSHBRBDDRUGDGGB