Mercantile Ports & Logistics Ltd Director/PDMR Shareholdings (8705O)
October 05 2023 - 10:00AM
UK Regulatory
TIDMMPL
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
Details of the person discharging managerial responsibilities/person
1 closely associated
-----------------------------------------------------------------------------
a. Name Dmitri Tsvetkov
------------------------------------ ---------------------------------------
Reason for notification
2
------------------------------------ ---------------------------------------
a. Position/Status Non-Executive Director
------------------------------------ ---------------------------------------
b. Initial notification/ Initial Notification
Amendment
------------------------------------ ---------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a. Name Mercantile Ports & Logistics Limited
------------------------------------ ---------------------------------------
b. LEI 213800UT113BW8VXV311
------------------------------------ ---------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 Ordinary shares of nil par value
the financial
instrument, type
of instrument
ISIN: GG00BKSH7R87
Identification
Code
------------------------------------ ---------------------------------------
b. Nature of the Purchase of Ordinary Shares
transaction
------------------------------------ ---------------------------------------
c. Price(s) and Price(s) Volume(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 AIMX
transaction
------------------------------------ ---------------------------------------
Notification of a Transaction pursuant to Article 19(1) of Regulation
(EU) No. 596/2014
Details of the person discharging managerial responsibilities/person
1 closely associated
-----------------------------------------------------------------------------
a. Name John Fitzgerald
------------------------------------ ---------------------------------------
Reason for notification
2
------------------------------------ ---------------------------------------
a. Position/Status Non-Executive Director
------------------------------------ ---------------------------------------
b. Initial notification/ Initial Notification
Amendment
------------------------------------ ---------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a. Name Mercantile Ports & Logistics Limited
------------------------------------ ---------------------------------------
b. LEI 213800UT113BW8VXV311
------------------------------------ ---------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 Ordinary shares of nil par value
the financial
instrument, type
of instrument
ISIN: GG00BKSH7R87
Identification
Code
------------------------------------ ---------------------------------------
b. Nature of the Purchase of Ordinary Shares
transaction
------------------------------------ ---------------------------------------
c. Price(s) and Price(s) Volume(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 AIMX
transaction
------------------------------------ ---------------------------------------
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END
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