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Pin to quick picksMercantile Ports & Logistics Share News (MPL)

Share Price Information for Mercantile Ports & Logistics (MPL)

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Share Price: 1.65
Bid: 1.55
Ask: 1.75
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Mercantile Ports & Logistics Appoints Two New Non-Executive Directors

Fri, 07th Dec 2018 14:40

LONDON (Alliance News) - Mercantile Ports & Logistics Ltd on Friday said it appointed Karanpal Singh and Jeremy Warner Allen as non-executive directors.

Singh is an Indian-based entrepreneur with extensive investments across a range of sectors, the projects development company said. Investment company Hunch Ventures, in which Singh is a founder, will become a substantial shareholder in Mercantile Ports & Logistics.

Meanwhile, Warner Allen is a former adviser to Mercantile Ports & Logistics, who has in depth knowledge of the company and its opportunities.

"I am delighted to formally welcome Karanpal Singh and Jeremy Warner Allen to the board of Mercantile Ports & Logistics and the company looks forward to benefiting from their extensive industry and financial market experience," said Executive Chairman Nikhil Gandhi.

Mercantile Ports & Logistics shares were trading 4.0% lower on Friday at 2.40 pence each.

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