REG - Mast Energy Dvlpmts. - Result of AGM

Mast Energy DevelopmentsAnnouncement

26/06/2025 12:30

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RNS Number : 5967O  Mast Energy Developments PLC  26 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')

 

26 June 2025

 

Mast Energy Developments PLC

 

Results of Annual General Meeting

 

Mast Energy Developments PLC ("MED" or "the Company") the UK-based
multi-asset operator in the rapidly growing Reserve Power market, announces
the results of voting at its Annual General Meeting ("AGM") held today.

 

Proxies were received by shareholders holding 5.87% of the shares in MED
(426,354,067 shares issued and outstanding).  All resolutions were carried

 

The proxy voting details at the AGM are shown on the table below:

 

 

 Resolution #  *Summary Resolution                                                           Votes cast For &          Votes cast                Votes Withheld

                                                                                             With Discretion           Against
                                                                                             Number       %            Number      %       Number
 1.            To receive and adopt  the accounts and reports for the financial year ended
               31 December 2024.

                                                                                             25,008,410   99.99        3,607       0.01    1,341
 2.            To appoint Crowe UK LLP as auditors of the Company and to authorise the
               directors to determine their remuneration

                                                                                             24,753,181   98.99        253,656     1.01    6,521
 3.            To re-elect Mr Pieter Krügel as a Director of the Company                                  99.83        42,718      0.17    258,784

                                                                                             24,711,856

 4.            THAT the Directors be, and they are hereby generally and unconditionally      19,619,544   78.44        5,391,617   21.56   2,197
               authorised to exercise all powers of the Company  to allot relevant
               securities

 5.            THAT the Directors be, and they are hereby empowered pursuant to Section 570
               of the Act to allot equity securities

                                                                                             19,988,877   79.94        5,017,518   20.06   6,963
 * The full text of the Resolutions  can be found on the Notice of AGM on the
 MED website at: https://www.med.energy/companydocuments
 (https://www.med.energy/companydocuments)

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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