MERCANTILE PORTS & LOGISTICS LIMITED

Director's Dealing • Aug 12, 2024

National Storage Mechanism | Additional information

RNS Number : 9837Z

Mercantile Ports & Logistics Ltd

12 August 2024

12 August 2024

Mercantile Ports & Logistics Limited

("MPL" or the "Company" and, together with its subsidiaries, the "Group")

Director/PDMR Shareholding

Mercantile Ports & Logistics Limited, which is operating and continuing to develop a port and logistics facility in Navi Mumbai, Maharashtra, India, announces that it has been notified that Jay Mehta, Chief Executive Officer of the Company, has sold 80,048 ordinary shares of nil par value each in the capital of the Company ("Ordinary Shares") at a price of 1.60 pence per Ordinary Share.

As a result, Jay Mehta is now interested in a total of 3,459,109 Ordinary Shares, representing 0.97% 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.

- Ends -

For further information, please visit www.mercpl.com or contact:

MPL	c/o SEC Newgate +44 (0) 20 3757 6880
Cavendish Capital Markets Limited (Nomad and Broker)	Stephen Keys +44 (0) 207 220 0500
SEC Newgate (Financial Communications)	Elisabeth Cowell/ Bob Huxford +44 (0) 20 3757 6880 mpl@newgatecomms.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Jay Mehta

2

Reason for notification

a.

Position/Status

Chief Executive Officer

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

Identification Code

Ordinary shares of nil par value

ISIN: GG00BKSH7R87

b.

Nature of the transaction

Sale of Ordinary Shares

c.

Price(s) and volume(s)

Price(s)	Volume(s)
1.60 pence	80,048

d.

Aggregated information

- Aggregated Volume

- Price

Not applicable

e.

Date of the transaction

8 August 2024

f.

Place of the transaction

AIMX

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