17 Jun 2019 13:59
17 June 2019
Mercantile Ports & Logistics Limited
("MPL" or the "Company")
Ā
Director / PDMR Share Purchase
Ā
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.
Ā
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
Ā
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs") with them.
Ā
1 Ā | Details of the person discharging managerial responsibilities / person closely associated Ā | ||||
a) Ā | Name Ā Ā | The Mr & Mrs HE Flight Pension Trust | |||
2 Ā | Reason for the notification Ā | ||||
a) Ā | Position/status Ā Ā | Person closely associated with Lord Howard Flight | |||
b) Ā | Initial notification /Amendment Ā Ā | Initial | |||
3 Ā | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ā | ||||
a) Ā | Name Ā Ā | Mercantile Ports and Logistics Limited | |||
b) Ā | LEI Ā Ā | 213800UT113BW8VXV311 | |||
4 Ā | 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 Ā Ā | ||||
a) Ā | Description of the financial instrument, type of instrument | Ordinary shares of nil par value | |||
Identification code | ISIN: GG00B53M7D91 | ||||
b) Ā | Nature of the transaction Ā Ā | Purchase of ordinary shares | |||
c) Ā | Price(s) and volume(s) | ||||
Ā Price | No. of shares | ||||
1.942p | 1,250,000 | ||||
d) Ā | Aggregated information | ||||
N/A - single transaction | |||||
- Aggregated volume | |||||
- Price | |||||
e) Ā | Date of the transaction Ā | 14 June 2019 | |||
f) Ā | Place of the transaction Ā | London Stock Exchange, AIM Market (XLON) | |||
Ā
Ā
-ENDS-
MPL | C/O Newgate Communications +44 (0) 20 3757 6880 Ā |
Cenkos Securities plc (Nomad and Broker) | Stephen Keys +44 (0) 20 7397 8900 Ā |
Newgate Communications (Financial PR) | Adam Lloyd Fiona Norman +44 (0) 20 3757 6880 mpl@newgatecomms.com |
Ā
Follow the stocks