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RNS Number : 1526R Mast Energy Developments PLC 15 July 2025
Mast Energy Developments PLC
(Incorporated in England and Wales)
(Registration Number: 12886458)
LEI :213800HFVHGJ9YGO9F71
Share code on the LSE: MAST
ISIN: GB00BNG90H86
('MED' or 'the Company')
Dated: 15 July 2025
MAST Energy Developments PLC
PDMR Dealing Notifications
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, further to its previous RNS announcement dated 11
July 2025, herein publishes PDMR Dealing Notification Forms shown in Annexure
A below as required under MAR.
All PDMRs have obtained consent from the Company for the dealings shown below
and have notified the Financial Conduct Authority ("FCA") in the prescribed
manner.
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
ANNEXURE A - DEALING NOTIFICATION FORMS
MAST ENERGY DEVELOPMEMTS PLC
DEALING NOTIFICATION FORMS
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
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: GB00BNG90H86/ MAST
Identification code
b) Nature of the transaction: Acquisition of securities in repayment of director loan
c) Price(s) and volume(s): Price(s) Volume(s)
£0.04 1,926,000
d) Aggregated information: N/A
· Aggregated volume:
· Price:
e) Date of the transaction: 11 July 2025
f) Place of the transaction: London Stock Exchange
d)
Aggregated information:
· Aggregated volume:
· Price:
N/A
e)
Date of the transaction:
11 July 2025
f)
Place of the transaction:
London Stock Exchange
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
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, Options awarded under Share Option Plan to acquire Ordinary Shares of £0.001
each in Mast Energy Developments PLC
type of instrument:
No of share Options:1,089,965
Identification code
Strike Price: £0.1
Conditions:25% vest on grant, 25% after 6 months and 50% after 12 months
subject to standstill period where no exercise permitted for 6 months from 11
July 2025
b) Nature of the transaction: Company Share Option Plan award
c) Price(s) and volume(s): Price(s) Volume(s)
£0.10 1,089,965
d) Aggregated information:
· Aggregated volume: 1,089,965
· Price: £0.1
e) Date of the transaction: 11 July 2025
f) Place of the transaction: Outside of Trading Venue
Details of the person discharging managerial responsibilities/person closely
associated
1.
a) Name:
Pieter-Schalk Krügel
2. Reason for the notification
a) Position/status: Executive Director
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, Options awarded under Share Option Plan to acquire Ordinary Shares of £0.001
each in Mast Energy Developments PLC
type of instrument:
No of share Options:10,899,645
Identification code
Strike Price: £0.1
Conditions:25% vest on grant, 25% after 6 months and 50% after 12 months
subject to standstill period where no exercise permitted for 6 months from 11
July 2025.
b) Nature of the transaction: Company Share Option Plan award
c) Price(s) and volume(s): Price(s) Volume(s)
£0.10 10,899,645
d) Aggregated information:
· Aggregated volume: 10,899,645
· Price: £0.1
e) Date of the transaction: 11 July 2025
f) Place of the transaction: Outside of Trading Venue
Details of the person discharging managerial responsibilities/person closely
associated
1.
a) Name:
Ivan Leonard Wentzel
2. Reason for the notification
a) Position/status: Head of Operations
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, Options awarded under Share Option Plan to acquire Ordinary Shares of £0.001
each in Mast Energy Developments PLC
type of instrument:
No of share Options:1,089,965
Identification code
Strike Price: £0.1
Conditions:25% vest on grant, 25% after 6 months and 50% after 12 months
subject to standstill period where no exercise permitted for 6 months from 11
July 2025
b) Nature of the transaction: Company Share Option Plan award
c) Price(s) and volume(s): Price(s) Volume(s)
£0.10 1,089,965
d) Aggregated information:
· Aggregated volume: 1,089,965
· Price: £0.1
e) Date of the transaction: 11 July 2025
f) Place of the transaction: Outside of Trading Venue
Details of the person discharging managerial responsibilities/person closely
associated
1.
a) Name:
Tanya Zwemstra
2. Reason for the notification
a) Position/status: Head of Finance
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, Options awarded under Share Option Plan to acquire Ordinary Shares of £0.001
each in Mast Energy Developments PLC
type of instrument:
No of share Options:1,089,965
Identification code
Strike Price: £0.1
Conditions:25% vest on grant, 25% after 6 months and 50% after 12 months
subject to standstill period where no exercise permitted for 6 months from 11
July 2025
b) Nature of the transaction: Company Share Option Plan award
c) Price(s) and volume(s): Price(s) Volume(s)
£0.10 1,089,965
d) Aggregated information:
· Aggregated volume: 1,089,965
· Price: £0.1
e) Date of the transaction: 11 July 2025
f) Place of the transaction: Outside of Trading Venue
Details of the person discharging managerial responsibilities/person closely
associated
1.
a) Name:
Noel O'Keeffe
2. Reason for the notification
a) Position/status: Company Secretary
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, Options awarded under Share Option Plan to acquire Ordinary Shares of £0.001
each in Mast Energy Developments PLC
type of instrument:
No of share Options: 544,982
Identification code
Strike Price: £0.1
Conditions:25% vest on grant, 25% after 6 months and 50% after 12 months
subject to standstill period where no exercise permitted for 6 months from 11
July 2025
b) Nature of the transaction: Company Share Option Plan award
c) Price(s) and volume(s): Price(s) Volume(s)
£0.10 544,982
d) Aggregated information:
· Aggregated volume: 544,982
· Price: £0.1
e) Date of the transaction: 11 July 2025
f) Place of the transaction: Outside of Trading Venue
d)
Aggregated information:
· Aggregated volume:
· Price:
1,089,965
£0.1
e)
Date of the transaction:
11 July 2025
f)
Place of the transaction:
Outside of Trading Venue
1.
Details of the person discharging managerial responsibilities/person closely
associated
a)
Name:
Pieter-Schalk Krügel
2.
Reason for the notification
a)
Position/status:
Executive Director
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,
type of instrument:
Identification code
Options awarded under Share Option Plan to acquire Ordinary Shares of £0.001
each in Mast Energy Developments PLC
No of share Options:10,899,645
Strike Price: £0.1
Conditions:25% vest on grant, 25% after 6 months and 50% after 12 months
subject to standstill period where no exercise permitted for 6 months from 11
July 2025.
b)
Nature of the transaction:
Company Share Option Plan award
c)
Price(s) and volume(s):
Price(s) Volume(s)
£0.10 10,899,645
d)
Aggregated information:
· Aggregated volume:
· Price:
10,899,645
£0.1
e)
Date of the transaction:
11 July 2025
f)
Place of the transaction:
Outside of Trading Venue
1.
Details of the person discharging managerial responsibilities/person closely
associated
a)
Name:
Ivan Leonard Wentzel
2.
Reason for the notification
a)
Position/status:
Head of Operations
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,
type of instrument:
Identification code
Options awarded under Share Option Plan to acquire Ordinary Shares of £0.001
each in Mast Energy Developments PLC
No of share Options:1,089,965
Strike Price: £0.1
Conditions:25% vest on grant, 25% after 6 months and 50% after 12 months
subject to standstill period where no exercise permitted for 6 months from 11
July 2025
b)
Nature of the transaction:
Company Share Option Plan award
c)
Price(s) and volume(s):
Price(s) Volume(s)
£0.10 1,089,965
d)
Aggregated information:
· Aggregated volume:
· Price:
1,089,965
£0.1
e)
Date of the transaction:
11 July 2025
f)
Place of the transaction:
Outside of Trading Venue
1.
Details of the person discharging managerial responsibilities/person closely
associated
a)
Name:
Tanya Zwemstra
2.
Reason for the notification
a)
Position/status:
Head of Finance
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,
type of instrument:
Identification code
Options awarded under Share Option Plan to acquire Ordinary Shares of £0.001
each in Mast Energy Developments PLC
No of share Options:1,089,965
Strike Price: £0.1
Conditions:25% vest on grant, 25% after 6 months and 50% after 12 months
subject to standstill period where no exercise permitted for 6 months from 11
July 2025
b)
Nature of the transaction:
Company Share Option Plan award
c)
Price(s) and volume(s):
Price(s) Volume(s)
£0.10 1,089,965
d)
Aggregated information:
· Aggregated volume:
· Price:
1,089,965
£0.1
e)
Date of the transaction:
11 July 2025
f)
Place of the transaction:
Outside of Trading Venue
1.
Details of the person discharging managerial responsibilities/person closely
associated
a)
Name:
Noel O'Keeffe
2.
Reason for the notification
a)
Position/status:
Company Secretary
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,
type of instrument:
Identification code
Options awarded under Share Option Plan to acquire Ordinary Shares of £0.001
each in Mast Energy Developments PLC
No of share Options: 544,982
Strike Price: £0.1
Conditions:25% vest on grant, 25% after 6 months and 50% after 12 months
subject to standstill period where no exercise permitted for 6 months from 11
July 2025
b)
Nature of the transaction:
Company Share Option Plan award
c)
Price(s) and volume(s):
Price(s) Volume(s)
£0.10 544,982
d)
Aggregated information:
· Aggregated volume:
· Price:
544,982
£0.1
e)
Date of the transaction:
11 July 2025
f)
Place of the transaction:
Outside of Trading Venue
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