Mercantile Ports & Logistics Ltd Directors' Share Purchases (6390R)
September 25 2017 - 2:01AM
UK Regulatory
TIDMMPL
RNS Number : 6390R
Mercantile Ports & Logistics Ltd
25 September 2017
Mercantile Ports & Logistics Limited
("MPL" or the "Company")
Directors' Share Purchases
The Company announces that certain directors and their persons
closely associated ("PCAs") have recently purchased an aggregate of
827,650 ordinary shares in the Company in the following
amounts.
Director/ Position Ordinary Price Date
PCA shares paid of purchase
purchased per
share
------------------ ----------------- ----------- -------- -------------
Jay Mehta Director 306,375 8.16p 20/09/17
------------------ ----------------- ----------- -------- -------------
Chief Financial
Andrew Henderson Officer 61,275 8.16p 20/09/17
------------------ ----------------- ----------- -------- -------------
Lord Howard Non-Executive
Flight Director 100,000 8.00p 21/09/17
------------------ ----------------- ----------- -------- -------------
PCA with John
Fitzgerald,
Non-Executive
Laura Fitzgerald Director 260,000 7.5769p 20/09/17
------------------ ----------------- ----------- -------- -------------
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 Jay Mehta
--- ------------------------- -------------------------------------
2 Reason for the notification
--- ----------------------------------------------------------------
a) Position/status Director
--- ------------------------- -------------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------- -------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------------
a) Name Mercantile Ports and Logistics
Limited
--- ------------------------- -------------------------------------
b) LEI N/A
--- ------------------------- -------------------------------------
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 Ordinary shares of nil par
the financial value
instrument, type
of instrument
---
Identification ISIN: GG00B53M7D91
code
b) Nature of the Purchase of ordinary shares
transaction
--- ------------------------- -------------------------------------
c) Price(s) and volume(s)
--- ------------- ------------------
Price(s) Volume(s)
--- ------------- ------------------
8.16p per 306,375 shares
share
------------- ------------------
d) Aggregated information
---
N/A - single transaction
---
- Aggregated volume
- Price
e) Date of the transaction 20 September 2017
--- ------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIM
Market (XLON)
--- ------------------------- -------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------------
a) Name Andrew Henderson
--- -------------------------- -------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------
a) Position/status Chief Financial Officer
--- -------------------------- -------------------------------------
b) Initial notification Initial
/Amendment
--- -------------------------- -------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------
a) Name Mercantile Ports and Logistics
Limited
--- -------------------------- -------------------------------------
b) LEI N/A
--- -------------------------- -------------------------------------
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 Ordinary shares of nil par
the financial value
instrument, type
of instrument
---
Identification ISIN: GG00B53M7D91
code
b) Nature of the Purchase of ordinary shares
transaction
--- -------------------------- -------------------------------------
c) Price(s) and volume(s)
--- ------------- ------------------
Price(s) Volume(s)
--- ------------- ------------------
8.16p per 61,275 shares
share
------------- ------------------
d) Aggregated information
---
N/A - single transaction
---
- Aggregated volume
- Price
e) Date of the transaction 20 September 2017
--- -------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIM
Market (XLON)
--- -------------------------- -------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------------
a) Name Lord Howard Flight
--- ------------------------- -------------------------------------
2 Reason for the notification
--- ----------------------------------------------------------------
a) Position/status Non-Executive Director
--- ------------------------- -------------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------- -------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------------
a) Name Mercantile Ports and Logistics
Limited
--- ------------------------- -------------------------------------
b) LEI N/A
--- ------------------------- -------------------------------------
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 Ordinary shares of nil par
the financial value
instrument, type
of instrument
---
Identification ISIN: GG00B53M7D91
code
b) Nature of the Purchase of ordinary shares
transaction
--- ------------------------- -------------------------------------
c) Price(s) and volume(s)
--- --------------- ----------------
Price(s) Volume(s)
--- --------------- ----------------
8p per share 100,000 shares
--------------- ----------------
d) Aggregated information
---
N/A - single transaction
---
- Aggregated volume
- Price
e) Date of the transaction 21 September 2017
--- ------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIM
Market (XLON)
--- ------------------------- -------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------------------
a) Name Laura Fitzgerald
--- ------------------------- -------------------------------------------
2 Reason for the notification
--- ----------------------------------------------------------------------
a) Position/status Person closely associated
with John Fitzgerald, Non-Executive
Director
--- ------------------------- -------------------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------- -------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------------------
a) Name Mercantile Ports and Logistics
Limited
--- ------------------------- -------------------------------------------
b) LEI N/A
--- ------------------------- -------------------------------------------
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 Ordinary shares of nil par
the financial value
instrument, type
of instrument
---
Identification ISIN: GG00B53M7D91
code
b) Nature of the Purchase of ordinary shares
transaction into ISA
--- ------------------------- -------------------------------------------
c) Price(s) and volume(s)
--- ----------------- --------------------
Price(s) Volume(s)
--- ----------------- --------------------
7.5769p per 260,000 shares
share
----------------- --------------------
d) Aggregated information
---
N/A - single transaction
---
- Aggregated volume
- Price
e) Date of the transaction 20 September 2017
--- ------------------------- -------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
Market (XLON)
--- ------------------------- -------------------------------------------
- ENDS -
Enquiries:
MPL Pavan Bakhshi/Jay Mehta
C/O Redleaf Communications
+44 (0) 20 382 4769
Cenkos Securities plc Stephen Keys/Camilla Hume
(Nomad and Broker) +44 (0) 20 7397 8926
Redleaf PR Charlie Geller/Fiona Norman
(Financial PR) +44 (0) 20 7382 4769
MPL@redleafpr.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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