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Director/PDMR Shareholding

12th Jan 2024 07:00

RNS Number : 4466Z
Mercantile Ports & Logistics Ltd
12 January 2024
 

12 January 2024

 

 

 

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 11 January 2024, John Fitzgerald, Non-Executive Director of the Company, purchased 624,419 ordinary shares of nil par value each in the capital of the Company ("Ordinary Shares") at a price of 1.5725 pence per Ordinary Share.

 

As a result, John Fitzgerald is now interested in a total of 681,002 Ordinary Shares, representing 0.19% 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

(Nomad and Broker)

Stephen Keys

+44 (0) 207 220 0500

SEC Newgate

(Financial Communications)

Elisabeth Cowell/ Bob Huxford

+44 (0) 20 3757 6880

[email protected]

 

 

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

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 instrumentIdentification 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)

1.5725p

624,419

d.

Aggregated information

- Aggregated Volume

- Price

 Not applicable

 

e.

Date of the transaction

11 January 2024

 

f.

Place of the transaction

AIMX

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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