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Mercantile Ports & Logistics Limited announced that Non-Executive Director John Fitzgerald purchased 624,419 ordinary shares in the Company on 11 January 2024 at a price of 1.5725 pence per share. Following this transaction, John Fitzgerald holds a total of 681,002 ordinary shares, representing 0.19% of the Company's issued share capital.
| Date | 12 Jan 2024 |
| Time | 07:00:04 |
| Category | Director/PDMR dealings |
| ID | 4466Z |
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:
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MPL |
c/o SEC Newgate +44 (0) 20 3757 6880 |
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Cavendish Capital Markets Limited (Nomad and Broker) |
Stephen Keys +44 (0) 207 220 0500 |
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SEC Newgate (Financial Communications) |
Elisabeth Cowell/ Bob Huxford +44 (0) 20 3757 6880 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a. |
Name |
John Fitzgerald |
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2 |
Reason for notification |
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a. |
Position/Status |
Non-Executive Director |
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b. |
Initial notification/ Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a. |
Name |
Mercantile Ports & Logistics Limited |
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b. |
LEI |
213800UT113BW8VXV311 |
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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 |
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a. |
Description of the financial instrument, type of instrument |
Ordinary shares of nil par value ISIN: GG00BKSH7R87 |
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b. |
Nature of the transaction |
Purchase of Ordinary Shares |
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c. |
Price(s) and volume(s) |
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d. |
Aggregated information - Aggregated Volume - Price |
Not applicable
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e. |
Date of the transaction |
11 January 2024
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f. |
Place of the transaction |
AIMX
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