Result of General Meeting

Summary by AI ^BETAClose X

Mercantile Ports & Logistics Limited announced that all resolutions proposed at its General Meeting were passed by shareholders. The company will apply for the cancellation of Redemption Shares and the admission of Subscription Shares to trading on AIM, with dealings expected to commence at 8:00 a.m. on December 16, 2025. This development relates to the company's port and logistics facility in Navi Mumbai, India.

Disclaimer*

Mercantile Ports & Logistics Ltd

15 December 2025

Mercantile Ports & Logistics Limited

("MPL" or the "Company")

Result of General Meeting

Mercantile Ports & Logistics Limited (AIM: MPL), which is operating and continuing to develop a port and logistics facility in Navi Mumbai, Maharashtra, India, is pleased to announce that further to the Company's announcement of 19 November 2025, at the General Meeting held earlier today the Resolutions proposed were duly passed by shareholders.

Application will be made to the London Stock Exchange for the cancellation of the Redemption Shares and admission of the Subscription Shares to trading on AIM. It is expected that admission of the Subscription Shares will occur and that dealings will commence at 8.00 a.m. on 16 December 2025.

Unless otherwise defined herein, capitalised terms in this announcement have the same meaning as in the shareholder circular published on 19 November 2025.

For further information, please visit www.mercpl.com or contact:

MPL

c/o Cavendish

+44 (0) 207 220 0500

Cavendish Capital Markets Limited

(Nomad and Broker)

Stephen Keys

+44 (0) 207 220 0500

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 rns@lseg.com 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