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

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Director/PDMR Shareholding

17 Jun 2019 13:59

RNS Number : 5033C
Mercantile Ports & Logistics Ltd
17 June 2019
Ā 

17 June 2019

Mercantile Ports & Logistics Limited

("MPL" or the "Company")

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Director / PDMR Share Purchase

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The Company announces that Howard Flight, Non-Executive Director, through his pension scheme purchased 1,250,000 ordinary shares in the Company on 14 June 2019 at a price of 1.94p per share.

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The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

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Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs") with them.

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1

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Details of the person discharging managerial responsibilities / person closely associated

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a)

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Name

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The Mr & Mrs HE Flight Pension Trust

2

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Reason for the notification

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a)

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Position/status

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Person closely associated with Lord Howard Flight

b)

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Initial notification /Amendment

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Initial

3

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

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a)

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Name

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Mercantile Ports and Logistics Limited

b)

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LEI

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Ā 

213800UT113BW8VXV311

4

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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

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a)

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Description of the financial instrument, type of instrument

Ordinary shares of nil par value

Identification code

ISIN: GG00B53M7D91

b)

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Nature of the transaction

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Purchase of ordinary shares

c)

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Price(s) and volume(s)

Ā Price

No. of shares

1.942p

1,250,000

d)

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Aggregated information

N/A - single transaction

- Aggregated volume

- Price

e)

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Date of the transaction

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14 June 2019

f)

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Place of the transaction

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London Stock Exchange, AIM Market (XLON)

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-ENDS-

MPL

C/O Newgate Communications

+44 (0) 20 3757 6880

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Cenkos Securities plc

(Nomad and Broker)

Stephen Keys

+44 (0) 20 7397 8900

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Newgate Communications

(Financial PR)

Adam Lloyd

Fiona Norman

+44 (0) 20 3757 6880

mpl@newgatecomms.com

Ā 

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.
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END
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