Mercantile Ports & Logistics LimitedLSE: MPL

Change of Nominated Adviser and Broker

· Issued by Mercantile Ports & Logistics Limited

13 December 2023

Mercantile Ports & Logistics Limited

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

Change of Nominated Adviser and Broker

Mercantile Ports & Logistics Limited, which is operating and continuing to develop a port and logistics facility in Navi Mumbai, Maharashtra, India, announces that, following the completion of the all-share merger between Cavendish Securities plc (previously named Cenkos Securities plc) and Cavendish Financial plc (previously named finnCap Group plc), and as a consequence of internal reorganisation within the Cavendish Group, the Company has changed its Nominated Adviser and Broker from Cavendish Securities plc to Cavendish Capital Markets Limited.

- 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