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RNS Number : 3888Q Mast Energy Developments PLC 09 July 2025
Mast Energy Developments PLC
(Incorporated in England and Wales)
(Registration Number: 12886458)
LEI :213800HFVHGJ9YGO9F71
Share code on the LSE: MAST
ISIN: GB00BMBSCV12
('MED' or 'the Company')
9 July 2025
Mast Energy Developments PLC
Approval and Publication of Prospectus
Mast Energy Developments PLC ("MED" or "the Company") the UK-based
multi-asset owner, developer, and operator in the rapidly growing Flexible
Generation Power market, is pleased to announce that further to its RNS
announcements dated 23 May 2025 and most recently 8 July 2025, that the
Financial Conduct Authority ("FCA") has today approved its Prospectus.
The Prospectus has been published in electronic form and will shortly be
available on the Company's website at: https://www.med.energy/companydocuments
(https://www.med.energy/companydocuments) .
A copy of the Prospectus has also been submitted to the National Storage
Mechanism and will shortly be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .
Pieter Krügel, MED CEO, commented: "We are delighted that the FCA has
approved our Prospectus, which satisfies the final key condition to the Equity
Fundraise. The MED Board, management and advisors worked around the clock the
past few weeks to get the Prospectus finalised and approved in a very short
timeframe, in order to expedite the completion of the Equity Fundraise. With
all the key conditions to the Equity Fundraise now successfully satisfied, we
are expecting the Equity Fundraise to complete shortly. We are looking forward
to updating the market in this regard over the coming days."
Capitalised terms used in this announcement have the same meaning as those
given to them in the 23 May 2025 RNS announcement unless otherwise
defined.
Stay up to date with MED's latest news and updates by joining our emailing
list and social media channels, as follows:
MED emailing list - https://www.med.energy/contact
(https://www.med.energy/contact)
MED LinkedIn page -
https://uk.linkedin.com/company/mast-energy-developments-plc
(https://uk.linkedin.com/company/mast-energy-developments-plc)
MED X (formerly Twitter) handle - @mastplc
ENDS
This announcement contains inside information for the purposes of the UK
version of the Market Abuse Regulation (EU No. 596/2014) as it forms part of
United Kingdom domestic law by virtue of the European Union (Withdrawal) Act
2018 ('UK MAR'). Upon the publication of this announcement, this inside
information is now considered to be in the public domain.
Pieter Krügel info@med.energy (mailto:info@med.energy) Mast Energy CEO
Developments PLC
Jon Belliss +44 (0)20 7399 9425 Novum Securities Corporate Broker
Guy Wheatley, CFA +44 (0)74 9398 9014 Fortified Securities Corporate Broker
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