REG - Mast Energy Dvlpmts. - Director/PDMR Shareholding

Mast Energy DevelopmentsAnnouncement

15/11/2023 15:45

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RNS Number : 5968T  Mast Energy Developments PLC  15 November 2023

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")

 

 

Mast Energy Developments  PLC

("MED"  or the "Company")

Dated: 15 November  2023

 

PDMR Share Sale

 

Mast Energy Developments PLC, the UK-based multi-asset owner and operator in
the rapidly growing Reserve Power market, announces that Paulus Fillippus
Venter, a Company director, and a Person Discharging Managerial Responsibility
(PDMR) under the Company's Share Dealing Policy Code has traded MED shares on
13 November 2023 (the "Share Trade"). Mr. Venter has obtained consent from the
Company for the Share Trade and  has notified the FCA in the prescribed
manner. The details of the Share Trade are shown on the  table below.

 

Following this trade, Mr. Venter and his Related Parties have a total
beneficial interest in 17,708,538 MED shares, representing 6.71% of the
Company's issued share capital.

 

 

 

 

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY
ASSOCIATED PERSONS

 

 

                              Details of the person discharging managerial responsibilities/person closely

                        associated
       1.
     a)                       Name:

                                                                            Paulus Fillippus Venter
        2.                    Reason for the notification
     a)                       Position/status:                              Non-executive Director -PDMR
     b)                       Initial notification/Amendment:               Initial
       3.                     Details of the issuer, emission allowance market participant, auction
                              platform, auctioneer or auction monitor
     a)                       Name:                                         Mast Energy Developments PLC
     b)                       LEI:                                          213800HFVHGJ9YGO9F71
        4.                    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
     a)                       Description of the financial instrument,      Ordinary Shares of £0.001 each

                               type of instrument:                          GB00BMBSCV12 / MAST

                              Identification code
 b)        Nature of the transaction:                Sale of Securities
 c)        Price(s) and volume(s):                   Price(s)   Volume(s)
                                                     £0.01372    500,000

 

 

 

 d)        Aggregated information:                   N/A

           ·      Aggregated volume:

           ·      Price:
 e)        Date of the transaction:                  13 November 2023
 f)        Place of the transaction:                 London Stock Exchange

 

 

 

 

 

 

d)

Aggregated information:

·      Aggregated volume:

·      Price:

N/A

 

e)

Date of the transaction:

13 November 2023

 

f)

Place of the transaction:

London Stock Exchange

 

 

 

**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
 Zainab Slemang van Rijmenant  zainab@lifacommunications.com (mailto:zainab@lifacommunications.com)  Lifa Communications  Investor & Media Relations Advisor

 

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