TIDMMAST

RNS Number : 9699P

Mast Energy Developments PLC

12 October 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

Dated: 12 October 2023

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) i 
 
 1a. Identity of the issuer or the underlying 
  issuer of existing shares to which voting               Mast Energy Developments PLC 
  rights are at- tached ii : 
                                                       ---------------------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer(please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                              --------- 
 2. Reason for the notification(please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights 
                                                                                                              --------- 
 An acquisition or disposal of financial instruments 
                                                                                                              --------- 
 An event changing the breakdown of voting rights 
                                                                                                              --------- 
 Other (please specify) iii : 
                                                                                                              --------- 
 3. Details of person subject to the notification obligation iv 
 Name                                                   Strategic Energy Ventures Limited 
                                                       ---------------------------------------------------------------- 
 City and country of registered office                  London, England 
  (if applicable) 
                                                       ---------------------------------------------------------------- 
 4. Full name of shareholder(s)(if different from 3.) v 
 Name                                                   Aurora Nominees Limited 
                                                       ---------------------------------------------------------------- 
 5. Date on which the threshold was crossed 
  or reached vi :                                         12/10/2023 
                                                       ---------------------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):         12/10/2023 
                                                       ---------------------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                    % of voting rights          % of voting rights                                Total number 
                       at- tached to             through financial             Total of both       of voting rights 
                      shares (to- tal              instru- ments               in % (8.A + 8.B)    held in issuer 
                         of 8. A)                 (total of 8.B 1                                  (8.A + 
                                                     + 8.B 2)                                      8.B) vii 
                 ----------------------  ------------------------------  ----------------------  ---------------------- 
 Resulting 
  situation 
  on the date 
  on 
  which 
  threshold 
  was crossed 
  or 
  reached           2.97%                   n/a                             2.97%                   7,830,000 
                 ----------------------  ------------------------------  ----------------------  ---------------------- 
 Position of 
  previous 
  notification 
  (if 
  applicable)       3.01%                   n/a                             3.01% 
                 ----------------------  ------------------------------  ----------------------  ---------------------- 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached viii 
 A: Voting rights attached to shares 
 Class/type of    Number of voting rights ix                        % of voting rights 
  shares 
  ISIN code (if 
  possible) 
                 ------------------------------------------------  ---------------------------------------------------- 
                              Direct               Indirect                         Direct                 Indirect 
                              (DTR5.1)              (DTR5.2.1)                      (DTR5.1)                (DTR5.2.1) 
                 ----------------------  ------------------------  ----------------------------  ---------------------- 
 GB00BMBSCV12     7,830,000               n/a                       7,830,000%                    n/a 
                 ----------------------  ------------------------  ----------------------------  ---------------------- 
 
 SUBTOTAL 8. A    7,830,000                                         2.97% 
                 ------------------------------------------------  ---------------------------------------------------- 
 
 B 1: Financial Instruments according to DTR5.3.1R (1) (a) 
                                                                Number of voting 
   Type of         Expiration     Exercise/ Conversion           rights that may be                 % of voting 
   financial       date x         Period xi                      acquired if the instrument         rights 
   in- strument                                                  is exercised/converted. 
                 ------------  ------------------------------  --------------------------------  ---------------------- 
 
                                SUBTOTAL 8. B 1 
                               ------------------------------  --------------------------------  ---------------------- 
 
 
 
 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R 
  (1) (b) 
 Type of          Expiration         Exercise/         Physical or         Number of 
 financial         date x             Conversion        cash Settlement     voting rights          % of voting 
 instrument                           Pe- riod xi       xii                                        rights 
                 -----------------  ----------------  ------------------  --------------------  ---------------------- 
 
                                                       SUBTOTAL 
                                                        8.B.2 
                                                      ------------------  --------------------  ---------------------- 
 9. Information in relation to the person subject to the notification obligation 
  (please mark the applicable box with an "X") 
 Person subject to the notification obligation is not controlled by 
  any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the (underlying) 
  issuer xiii 
                                                                                                                ------ 
 Full chain of controlled undertakings through which the voting rights 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity (please add additional 
  rows as necessary) xiv 
                                                                                                                ------ 
                                % of voting rights             % of voting rights               Total of both if 
                                if it equals or is              through financial             it equals or is higher 
           Name xv          higher than the notifiable          in- struments if               than the notifiable 
                                    threshold                it equals or is higher                 threshold 
                                                                    than the 
                                                              notifiable threshold 
                         -----------------------------  ----------------------------  -------------------------------- 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                                        -------------------------------------------------------------- 
 The number and % of voting rights held 
                                                        -------------------------------------------------------------- 
 The date until which the voting rights 
  will be held 
                                                        -------------------------------------------------------------- 
 
 
 
 Place of completion   United Kingdom 
 Date of completion    11/10/2023 
                      --------------- 
 

For further information please visit www.med.energy or contact:

 
 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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October 12, 2023 09:00 ET (13:00 GMT)

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