Director/PDMR Shareholding
Source: RNS
10 March 2026
Mercantile Ports & Logistics Limited
("MPL" or the "Company")
Director/PDMR Shareholding
Mercantile Ports & Logistics Limited (AIM: MPL), which is operating and continuing to develop a port and logistics facility in Navi Mumbai, Maharashtra, India, announces that that on 9 March 2026, Jeremy Warner Allen, Non-Executive Chairman of the Company, has transferred, via sale and purchase (the "Transfer"), Ordinary Shares into his ISA. Mr Allen sold 3,827,494 Ordinary Shares at a price of 0.313 pence and purchased 3,827,494 Ordinary Shares at a price of 0.314 pence to be held in his ISA.
Following the transfer, Mr Allen's beneficial shareholding remains unchanged at 3,827,994 Ordinary Shares, representing 1.07% of the Company's issued share capital.
The information below, set out in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.
Enquiries:
|
MPL |
c/o Cavendish +44 (0) 207 220 0500 |
|
Cavendish Capital Markets Limited (Nomad and Broker) |
Stephen Keys +44 (0) 207 220 0500 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
|
1
|
Details of the person discharging managerial responsibilities / person closely associated |
||||
|
a) |
Name |
Jeremy Warner Allen |
|||
|
2 |
Reason for the notification |
||||
|
a) |
Position/status |
Chairman |
|||
|
b) |
Initial notification / Amendment |
Initial notification |
|||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||
|
a) |
Name |
Mercantile Ports & 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 each |
|||
|
Identification code |
GG00BKSH7R87 |
||||
|
b)
|
Nature of the transaction |
Transfer of Ordinary Shares into an ISA
|
|||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
Sale 0.313 pence |
3,827,494 |
|
|
|
|
|
Purchase 0.314 pence |
3,827,494 |
|
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
- Aggregated volume |
Transfer via sale of 3,827,494 ordinary shares at 0.313 p per ordinary share and purchase of 3,827,494 ordinary shares at 0.314 p per ordinary share from Mr Allen's joint account shared with his wife to his own ISA account |
||||
|
- Price |
|
||||
|
e) |
Date of the transaction |
9 March 2026 |
|||
|
f) |
Place of the transaction |
XOFF |
|||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
