REG - Mercantile Ports&Log - Director/PDMR Shareholding

Mercantile Ports & LogisticsAnnouncement

12/08/2024 07:00

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RNS Number : 9837Z  Mercantile Ports & Logistics Ltd  12 August 2024

12 August 2024

 

 

 

Mercantile Ports & Logistics Limited

("MPL" or the "Company" and, together with its subsidiaries, the "Group")

Director/PDMR Shareholding

 

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 Jay Mehta, Chief Executive Officer of
the Company, has sold 80,048 ordinary shares of nil par value each in the
capital of the Company ("Ordinary Shares") at a price of 1.60 pence per
Ordinary Share.

As a result, Jay Mehta is now interested in a total of 3,459,109 Ordinary
Shares, representing 0.97% 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.

- Ends -

 

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

 

 MPL                                c/o SEC Newgate

                                    +44 (0) 20 3757 6880
 Cavendish Capital Markets Limited  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                                                         Jay Mehta
 2   Reason for notification
 a.  Position/Status                                              Chief Executive Officer
 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                                    Sale of Ordinary Shares
 c.  Price(s) and volume(s)

Price(s)    Volume(s)
                                                                                              1.60 pence  80,048
 d.  Aggregated information                                        Not applicable

     - Aggregated Volume

     - Price
 e.  Date of the transaction                                      8 August 2024

 f.  Place of the transaction                                     AIMX

d.

Aggregated information

- Aggregated Volume

- Price

 Not applicable

 

e.

Date of the transaction

8 August 2024

 

f.

Place of the transaction

AIMX

 

 

 

 

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