Mercantile Ports & Logistics Ltd Director/PDMR Shareholding (2893Z)

TIDMMPL

RNS Number : 2893Z

Mercantile Ports & Logistics Ltd

10 January 2024

10 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 today, Dmitri Tsvetkov, Non-Executive Director of the Company, purchased 617,360 ordinary shares of nil par value each in the capital of the Company ("Ordinary Shares") at a price of 1.62 pence per Ordinary Share via his SIPP.

As a result, Dmitri Tsvetkov is now interested in a total of 909,103 Ordinary Shares, representing 0.26% 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 
                                [phone] 
 Cavendish Capital Markets     Stephen Keys 
  Limited                       [phone] 
  (Nomad and Broker) 
                              ------------------------------ 
 SEC Newgate                   Elisabeth Cowell/ Bob Huxford 
  (Financial Communications)    [phone] 
                                [e-mail] 
                              ------------------------------ 
 

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 
        Details of the person discharging managerial responsibilities/person 
  1      closely associated 
       ----------------------------------------------------------------------------- 
 a.     Name                                  Dmitri Tsvetkov 
       ------------------------------------  --------------------------------------- 
        Reason for notification 
  2 
       ------------------------------------  --------------------------------------- 
 a.     Position/Status                       Non-Executive Director 
       ------------------------------------  --------------------------------------- 
 b.     Initial notification/                 Initial Notification 
         Amendment 
       ------------------------------------  --------------------------------------- 
        Details of the issuer, emission allowance market participant, 
  3      auction platform, auctioneer or auction monitor 
       ----------------------------------------------------------------------------- 
 a.     Name                                  Mercantile Ports & Logistics Limited 
       ------------------------------------  --------------------------------------- 
 b.     LEI                                   213800UT113BW8VXV311 
       ------------------------------------  --------------------------------------- 
        Details of the transaction(s): section to be repeated for 
  4      (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 value 
         the financial 
         instrument, type 
         of instrument 
                                               ISIN: GG00BKSH7R87 
         Identification 
         Code 
       ------------------------------------  --------------------------------------- 
 b.     Nature of the                         Purchase of Ordinary Shares 
         transaction 
       ------------------------------------  --------------------------------------- 
 c.     Price(s) and                              Price(s)   Volume(s) 
         volume(s)                                 1.62p      617,360 
                                                             ---------- 
       ------------------------------------    ------------------------------------- 
 d.     Aggregated information                 Not applicable 
         - Aggregated 
         Volume 
         - Price 
       ------------------------------------  --------------------------------------- 
 e.     Date of the transaction               10 January 2024 
       ------------------------------------  --------------------------------------- 
 f.     Place of the                          AIMX 
         transaction 
       ------------------------------------  --------------------------------------- 
 

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 [e-mail] 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

DSHBXGDBBSBDGSG

(END) Dow Jones Newswires

January 10, 2024 08:45 ET (13:45 GMT)