Director/PDMR Shareholding
Mercantile Ports & Logistics Limited announced that on March 9, 2026, Non-Executive Chairman Jeremy Warner Allen transferred 3,827,494 ordinary shares into his ISA, selling them at 0.313 pence and purchasing them at 0.314 pence. This transaction did not alter his beneficial shareholding, which remains at 3,827,994 ordinary shares, representing 1.07% of the company's issued share capital.
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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.
| 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 |
| a) | Name | Mercantile Ports & Logistics Limited |
| b) | LEI | 213800UT113BW8VXV311 |
| 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 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.