Mercantile Ports & Logistics Ltd Director's Share Purchase (1490S)
September 28 2017 - 10:10AM
UK Regulatory
TIDMMPL
RNS Number : 1490S
Mercantile Ports & Logistics Ltd
28 September 2017
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 Initial
/Amendment
--- ------------------------- -------------------------------------
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 Ordinary shares of nil par
the financial value
instrument, type
of instrument
---
Identification ISIN: GG00B53M7D91
code
b) Nature of the Purchase of ordinary shares
transaction
--- ------------------------- -------------------------------------
c) Price(s) and volume(s)
--- ------------- ------------------
Price(s) Volume(s)
--- ------------- ------------------
8.25p per 246,153 shares
share
------------- ------------------
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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