Director's Share Purchase

RNS Number : 1490S

Mercantile Ports & Logistics Ltd

28 September 2017

Mercantile Ports & Logistics Limited

("MPL" or the "Company")

Director's Share Purchase

The Company announces that Pavan Bakhshi, Managing Director, purchased 246,153 ordinary shares in the Company on 28 September 2017 at a price of 8.25p 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	Pavan Bakhshi
2	Reason for the notification
a)	Position/status	Managing Director
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	N/A
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(s)	Volume(s)
			8.25p per share	246,153 shares

d)	Aggregated information
		N/A - single transaction
	- Aggregated volume

	- Price

e)	Date of the transaction	28 September 2017
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)