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Director/PDMR Shareholding

17 Jun 2019 13:59

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

17 June 2019

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 1,250,000 ordinary shares in the Company on 14 June 2019 at a price of 1.94p 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

1.942p

1,250,000

d)

 

Aggregated information

N/A - single transaction

- Aggregated volume

- Price

e)

 

Date of the transaction

 

14 June 2019

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

 

Newgate Communications

(Financial PR)

Adam Lloyd

Fiona Norman

+44 (0) 20 3757 6880

mpl@newgatecomms.com

 

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.
 
END
 
 
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