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

+44 (0) 20 3757 6880

Cavendish Capital Markets Limited

(Nomad and Broker)

Stephen Keys

+44 (0) 207 220 0500

SEC Newgate

(Financial Communications)

Elisabeth Cowell/ Bob Huxford

+44 (0) 20 3757 6880

mpl@newgatecomms.com

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

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Dmitri Tsvetkov

2

Reason for notification


a.

Position/Status

Non-Executive Director

b.

Initial notification/

Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

Mercantile Ports & 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

Identification Code

Ordinary shares of nil par value


ISIN: GG00BKSH7R87

b.

Nature of the transaction

Purchase of Ordinary Shares

c.

Price(s) and volume(s)





Price(s)

Volume(s)

1.62p

617,360

d.

Aggregated information

- Aggregated Volume

- Price

Not applicable

e.

Date of the transaction

10 January 2024

f.

Place of the transaction

AIMX

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