Holding(s) in Company

Mast Energy Developments PLC

09 August 2023

 

Mast Energy Developments PLC

(Incorporated in England and Wales)

(Registration Number: 12886458)

Share code on the LSE: MAST

ISIN: GB00BMBSCV12

("MED" or "MAST" or "the Company")

TR-1: Standard form for notification of major holdings

Dated 9 August 2023

TR-1: Standard 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 rights are at- tached ii:	Mast Energy Developments PLC
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		X
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 (if applicable)	London, England
4. Full name of shareholder(s) (if different from 3.) v
Name	Aurora Nominees Limited
City and country of registered office (if applicable)	London, England

5. Date on which the threshold was crossed or reached vi:			08/08/2023
6. Date on which issuer notified (DD/MM/YYYY):			09/08/2023
7. Total positions of person(s) subject to the notification obligation
	% of voting rights at- tached to shares (to- tal of 8. A)	% of voting rights through financial instru- ments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached	3.01%	n/a		3.01%	7,000,000
Position of previous notification (if applicable)	n/a	n/a		n/a

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 shares ISIN code (if possible)

Number of voting rights ix

% of voting rights

Direct (DTR5.1)

Indirect (DTR5.2.1)

Direct (DTR5.1)

Indirect (DTR5.2.1)

GB00BMBSCV12

7,000,000

n/a

3.01%

n/a

SUBTOTAL 8. A

7,000,000

3.01%

B 1: Financial Instruments according to DTR5.3.1R (1) (a)

Type of financial in- strument

Expiration date x

Exercise/ Conversion Period xi

Number of voting rights that may be acquired if the instrument is exercised/converted.

% of voting rights

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)

Type of financial instrument

Expiration date x

Exercise/ Conversion Period xi

Physical or cash Settlement xii

Number of voting rights

% of voting 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
Name xv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial in- struments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher 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	09/08/2023

This announcement contains inside information in accordance with  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').

ENDS

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

Pieter Krügel	[e-mail]	Mast Energy Developments plc	CEO
Jon Belliss	[phone]	Novum Securities	Broker
Zainab Slemang van Rijmenant	[e-mail]	Lifa Communications	Investor and Media Relations Advisor

 

END