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RNS Number : 1041W Mercantile Ports & Logistics Ltd 10 March 2026
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 Stephen Keys
(Nomad and Broker) +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
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