Director/PDMR Shareholding

RNS Number : 1929H

Mercantile Ports & Logistics Ltd

02 December 2020

 

2 December 2020

Mercantile Ports & Logistics Limited

("MPL" or the "Company")

Director / PDMR Share Purchase

The Company announces that Howard Flight, Non-Executive Director, through his pension scheme, purchased 4,200,000 ordinary shares in the Company on 1 December 2020 at a price of 0.23p per share.

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs") with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	The Mr & Mrs HE Flight Pension Trust
2	Reason for the notification
a)	Position/status	Person closely associated with Lord Howard Flight
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mercantile Ports and 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
	Identification code	ISIN: GG00B53M7D91
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)
			Price	No. of shares
			0.23p	4,200,000
d)	Aggregated information
		N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	1 December 2020
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

-ENDS-

MPL	C/O Newgate Communications [phone]
Cenkos Securities plc (Nomad and Broker)	Stephen Keys [phone]
Zeus Capital Limited (Joint Broker)	John Goold (Corporate Broking) [phone]
Newgate Communications (Financial PR)	Adam Lloyd Isabelle Smurfit [phone] [e-mail]

 

END

 

 

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