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MPL Mercantile Ports & Logistics Limited

1.80
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mercantile Ports & Logistics Limited LSE:MPL London Ordinary Share GG00BKSH7R87 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.80 1.70 1.90 1.80 1.80 1.80 80,000 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Mercantile Ports & Logistics Ltd Subscription Update and Issue of Equity (6615I)

21/06/2017 7:00am

UK Regulatory


Mercantile Ports & Logis... (LSE:MPL)
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TIDMMPL

RNS Number : 6615I

Mercantile Ports & Logistics Ltd

21 June 2017

21 June 2017

Mercantile Ports & Logistics Limited

(the "Company")

Subscription Update and Issue of Equity

Further to the Company's announcement on 17 January 2017 (RNS No: 2996U) the Company announces that it has issued the 30,000,000 new ordinary shares of nil par value (the "Subscription Shares") to Mr. Ghandi.

Accordingly an application has been made for the Subscription Shares to be admitted to trading on AIM on 23 June 2017 ("Admission"). Following Admission, the Company's enlarged issued share capital will comprise 414,017,699 Ordinary Shares, with voting rights. The Company does not hold any Ordinary Shares in treasury. Therefore the total number of Ordinary Shares in the Company with voting rights will be 414,017,699. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

 
MPL                     Pavan Bakhshi/Jay Mehta 
                         C/O Redleaf Communications 
                         +44 (0) 20 7382 4769 
Cenkos Securities plc   Stephen Keys/Camilla Hume 
 (Nomad and Broker)      +44 (0) 20 7397 8926 
Redleaf Communications  Charlie Geller/Sam Modlin 
 (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

IOEEANKEALEXEFF

(END) Dow Jones Newswires

June 21, 2017 02:00 ET (06:00 GMT)

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