Business
Director's Share Purchase
Director's Share Purchase.
About this update from Mercantile Ports & Logistics Limited
[{"type":"text","content":"\n \nRNS Number : 1490S Mercantile Ports & Logistics Ltd 28 September 2017 \n\n \nMercantile Ports & Logistics Limited\n(\"MPL\" or the \"Company\")\nDirector's Share Purchase \nThe 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. \nThe notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.\nNotification and public disclosure of transactions by persons discharging managerial responsibilities (\"PDMRs\") and persons closely associated (\"PCAs\") with them.\n \n\n\n\n\n1 \n \n\n\nDetails of the person discharging managerial responsibilities / person closely associated \n \n\n\n\n\na) \n \n\n\nName \n \n \n\n\nPavan Bakhshi\n \n\n\n\n\n2 \n \n\n\nReason for the notification \n \n\n\n\n\na) \n \n\n\nPosition/status \n \n \n\n\nManaging Director\n\n\n\n\nb) \n \n\n\nInitial notification /Amendment \n \n \n\n\nInitial\n\n\n\n\n3 \n \n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor \n \n\n\n\n\na) \n \n\n\nName \n \n \n\n\nMercantile Ports and Logistics Limited\n\n\n\n\nb) \n \n\n\nLEI \n \n \n\n\nN/A\n\n\n\n\n4 \n \n\n\nDetails 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 \n \n \n\n\n\n\na) \n \n\n\nDescription of the financial instrument, type of instrument \n\n\nOrdinary shares of nil par value\n\n\n\n\n \n\n\n \n\n\n\n\nIdentification code\n\n\nISIN: GG00B53M7D91\n\n\n\n\n \n\n\n \n\n\n\n\nb) \n \n\n\nNature of the transaction \n \n \n\n\nPurchase of ordinary shares \n\n\n\n\nc) \n \n\n\nPrice(s) and volume(s) \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\nPrice(s)\n\n\nVolume(s)\n\n\n \n\n\n\n\n \n\n\n \n\n\n8.25p per share\n\n\n246,153 shares\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n \n \n\n\n \n\n\n \n\n\n\n\nd) \n \n\n\nAggregated information \n\n\n \n\n\n\n\n \n\n\nN/A - single...