Sign In
Last checked at 
28 Sep 2017 16:10
Mercantile Ports & Logistics Limited
("MPL" or the "Company")
Director's Share Purchase
The Company announces that Pavan Bakhshi, Managing Director, purchased 246,153 ordinary shares in the Company on 28 September 2017 at a price of 8.25p 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
| Pavan Bakhshi
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Managing Director | |||
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
| N/A | |||
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(s) | Volume(s) |
| |
|
| 8.25p per share | 246,153 shares |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
| N/A - single transaction | ||||
- Aggregated volume |
| ||||
|
| ||||
- Price |
| ||||
|
| ||||
e)
| Date of the transaction
| 28 September 2017 | |||
f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON) | |||
- ENDS -
Enquiries:
MPL Pavan Bakhshi/Jay Mehta
C/O Redleaf Communications
+44 (0) 20 382 4769
Cenkos Securities plc Stephen Keys/Camilla Hume(Nomad and Broker) +44 (0) 20 7397 8926
Redleaf PR Charlie Geller/Fiona Norman(Financial PR) +44 (0) 20 7382 4769
MPL@redleafpr.com
Follow the stocks
