Result of AGM

Mast Energy Developments PLC

06 June 2023

 

Mast Energy Developments PLC

(Incorporated in England and Wales)

(Registration Number: 12886458)

Share code on the LSE: MAST

ISIN: GB00BMBSCV12

6 June 2023

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 an Annual  General Meeting ("AGM") held today.  

Proxies were received by shareholders holding 18.63% of the shares in MED (232,207,643 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 & With Discretion		Votes cast Against			Votes Withheld
		Number	%	Number	%	Number
1.	To receive and adopt  the accounts and reports for the financial year ended 31 December 2022.	43,096,106	99.66	145,065	0.34	31,499
2.	To appoint Crowe UK LLP as auditors of the Company and to authorise the directors to determine their remuneration	43,092,221	99.63	158,950	0.37	21,499
3.	To re-elect Mr Paulus Fillippus Venter as a Director of the Company	42,982,221	99.61	168,950	0.39	121,499
4.	THAT the Directors be, and they are hereby generally and unconditionally authorised to exercise all powers of the Company  to allot relevant securities	43,046,451	99.53	204,720	0.47	21,499
5.	THAT the Directors be, and they are hereby empowered pursuant to Section 570 of the Act to allot equity securities	43,036,451	99.53	204,720	0.47	31,499
* The full text of the Resolutions  can be found on the Notice of AGM https://med.energy/wp-content/uploads/2022/04/MED-2023-Notice-of-AGM-Final.pdf

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	Corporate Broker
Zainab Slemang van Rijmenant	[e-mail]	Lifa Communications	Investor & Media Relations Advisor

 

END