REG - Mast Energy Dvlpmts. - Notice of AGM

Mast Energy DevelopmentsAnnouncement

04/06/2025 07:00

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RNS Number : 2601L  Mast Energy Developments PLC  04 June 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')

 

Dated: 4 June 2025

 

Mast Energy Developments PLC

 

Notice of Annual General Meeting

 

Mast Energy Developments PLC, the UK-based multi-asset owner, developer and
operator in the rapidly growing flexible power market, is pleased to announce
that it will hold its Annual General Meeting ("AGM") at 12 noon on
Thursday, 26 June 2025, at its registered office, Salisbury House, London
Wall, United Kingdom, EC2M 5PS. The Notice of AGM will be dispatched in the
post to shareholders today. The Notice of AGM is also uploaded on the
Company's website and can be accessed at the following
link: https://www.med.energy/companydocuments
(https://www.med.energy/companydocuments)

Shareholders should note that further to the Company's RNS Announcement of 23
May 2025, it is expected that a further announcement on progress with the
Equity Raise will be published within the next two weeks to coincide with
dispatch of a Notice of General Meeting (the "GM Notice") to be held around
mid-July 2025. The GM Notice will contain, inter alia resolutions to seek
shareholder approval for the proposed share consolidation and the necessary
share headroom to accommodate the Equity Raise as outlined in the 23 May 2025
RNS. The Company has already prepared and submitted the first draft of the
Supplementary Prospectus to the FCA, approval and publication of which will
also be required to complete the Equity Raise.

 

Pieter Krügel, MED CEO, commented: "This is an exciting time for MED as we
continue to build on our positive progress and successes over the past year,
and move forward with the anticipated completion of the Equity Raise in July
2025, which will enable the acceleration of our goal to achieve a 300+ MW
portfolio."

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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