10th Mar 2026 16:23
10 March 2026
Mercantile Ports & Logistics Limited
("MPL" or the "Company")
Director/PDMR Shareholding
Mercantile Ports & Logistics Limited (AIM: MPL), which is operating and continuing to develop a port and logistics facility in Navi Mumbai, Maharashtra, India, announces that that on 9 March 2026, Jeremy Warner Allen, Non-Executive Chairman of the Company, has transferred, via sale and purchase (the "Transfer"), Ordinary Shares into his ISA. Mr Allen sold 3,827,494 Ordinary Shares at a price of 0.313 pence and purchased 3,827,494 Ordinary Shares at a price of 0.314 pence to be held in his ISA.
Following the transfer, Mr Allen's beneficial shareholding remains unchanged at 3,827,994 Ordinary Shares, representing 1.07% 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.
Enquiries:
MPL | c/o Cavendish +44 (0) 207 220 0500 |
Cavendish Capital Markets Limited (Nomad and Broker) | Stephen Keys +44 (0) 207 220 0500 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
1
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Jeremy Warner Allen | |||
2 | Reason for the notification | ||||
a) | Position/status | Chairman | |||
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 | Ordinary shares of nil par value each | |||
Identification code | GG00BKSH7R87 | ||||
b)
| Nature of the transaction | Transfer of Ordinary Shares into an ISA
| |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Sale 0.313 pence |
3,827,494 | ||||
Purchase 0.314 pence |
3,827,494 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | Transfer via sale of 3,827,494 ordinary shares at 0.313 p per ordinary share and purchase of 3,827,494 ordinary shares at 0.314 p per ordinary share from Mr Allen's joint account shared with his wife to his own ISA account | ||||
- Price | |||||
e) | Date of the transaction | 9 March 2026 | |||
f) | Place of the transaction | XOFF | |||
Related Shares:
Mercantile Ports & Logistics