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
|
|
1. | Details of the person discharging managerial responsibilities/person 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, type of instrument: Identification code | Ordinary Shares of £0.001 each GB00BMBSCV12 / MAST | |||||||||
| b) | Nature of the transaction: | Sale of Securities |
| |||||||||
| c) | Price(s) and volume(s): |
|
| |||||||||
| d) | Aggregated information: · Aggregated volume: · Price: | N/A |
| |||||||||
| 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 | Mast Energy Developments PLC | CEO | |
| Jon Belliss | +44 (0)20 7399 9425 | Novum Securities | Corporate Broker |
| Zainab Slemang van Rijmenant | Lifa Communications | Investor & Media Relations Advisor |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.