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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:
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MPL |
c/o Cavendish +44 (0) 207 220 0500 |
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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:
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1
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Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Jeremy Warner Allen |
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2 |
Reason for the notification |
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a) |
Position/status |
Chairman |
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b) |
Initial notification / Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Mercantile Ports & Logistics Limited |
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b) |
LEI |
213800UT113BW8VXV311 |
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4
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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 |
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares of nil par value each |
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Identification code |
GG00BKSH7R87 |
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b)
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Nature of the transaction |
Transfer of Ordinary Shares into an ISA
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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Sale 0.313 pence |
3,827,494 |
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Purchase 0.314 pence |
3,827,494 |
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d)
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Aggregated information |
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- 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 |
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- Price |
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e) |
Date of the transaction |
9 March 2026 |
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f) |
Place of the transaction |
XOFF |
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