Mast Energy Developments PLC — Major Shareholding Notification 2023

Oct 12, 2023

National Storage Mechanism | Additional information

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: 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
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
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 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	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 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		7,830,000		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)
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 Pe- riod 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	11/10/2023

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

Pieter Krügel	Info@med.energy	Mast Energy Developments PLC	CEO
Jon Belliss	+44 (0)20 7399 9425	Novum Securities	Corporate Broker
Zainab Slemang van Rijmenant	zainab@lifacommunications.com	Lifa Communications	Investor & Media Relations Advisor

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