Last checked at 2 Dec 2020 07:00
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 +44 (0) 20 3757 6880
| |
Cenkos Securities plc (Nomad and Broker) | Stephen Keys +44 (0) 20 7397 8900
| |
| John Goold (Corporate Broking) +44 (0)203 829 5000 | |
Newgate Communications (Financial PR) | Adam Lloyd Isabelle Smurfit +44 (0) 20 3757 6880 mpl@newgatecomms.com |