Mast Energy Developments PLC Director/PDMR Shareholding (5968T)
16 November 2023 - 2:31AM
UK Regulatory
TIDMMAST
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
1. closely associated
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 GBP0.001
type of instrument: each
Identification code GB00BMBSCV12 / MAST
----------------------------------------------- -----------------------------------------
b) Nature of the transaction: Sale of Securities
----------------------------------------------- -----------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP0.01372 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
----------------------------------------------- -----------------------------------------
**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 Mast Energy CEO
Developments
PLC
Jon Belliss +44 (0)20 7399 9425 Novum Securities Corporate Broker
------------------------------ -------------------- -----------------
Zainab Slemang zainab@lifacommunications.com Lifa Communications Investor &
van Rijmenant Media Relations
Advisor
------------------------------ -------------------- -----------------
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END
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