TIDMMAST

RNS Number : 8372I

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: S tandard 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       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                                    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          London, England 
  (if applicable) 
                                               ------------------------------------ 
 4. Full name of shareholder(s) (if different from 3.) v 
 Name                                           Aurora Nominees Limited 
                                               ------------------------------------ 
 City and country of registered office          London, England 
  (if applicable) 
                                               ------------------------------------ 
 
 
 
 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     % of voting rights                          Total number of 
                             at- tached to        through financial          Total of both    voting rights 
                            shares (to- tal         instru- ments            in % (8.A +      held in issuer 
                               of 8. A)            (total of 8.B 1           8.B)             (8.A + 8.B) vii 
                                                      + 8.B 2) 
                        --------------------  ----------------------  --------------------  ----------------- 
 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             n/a                   n/a                     n/a 
  (if applicable) 
                        --------------------  ----------------------  --------------------  ----------------- 
 
 
 
 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         7,000,000               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) 
                                                                   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/ Conversion    Physical or               Number of 
  financial     date x              Period xi               cash Settlement           voting rights           % of voting 
  instrument                                                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    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 ' ).

S

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

 
Pieter Krügel  info@med .energy                Mast Energy Developments  CEO 
                                                     plc 
Jon Belliss         +44 (0)20 7399 9425             Novum Securities          Broker 
                    ------------------------------  ------------------------  ---------------- 
Zainab Slemang      zainab@lifacommunications.com   Lifa Communications       Investor and 
 van Rijmenant       -----------------------------                             Media Relations 
                                                                               Advisor 
                    ------------------------------  ------------------------  ---------------- 
 
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August 09, 2023 09:16 ET (13:16 GMT)

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