MPL.L

Mercantile Ports & Logistics Ltd.
Mercantile Ports&Log - Director/PDMR Shareholdings
5th October 2023, 14:00
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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

(Nomad and Broker)

Stephen Keys

+44 (0) 207 220 0500

SEC Newgate

(Financial Communications)

Elisabeth Cowell/ Bob Huxford

+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/

Amendment

Initial Notification

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

Identification Code

Ordinary shares of nil par value


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

- 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/

Amendment

Initial Notification

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

Identification Code

Ordinary shares of nil par value


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

- Aggregated Volume

- Price

 Not applicable

 

e.

Date of the transaction

4 October 2023

 

f.

Place of the transaction

AIMX

 

 

 

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