⌘K
t
Mast Energy Developments PLC announced on 15 July 2025 that on 11 July 2025, Non-executive Director Paulus Fillippus Venter acquired 1,926,000 ordinary shares at £0.04 each on the London Stock Exchange in repayment of a director loan. Additionally, on the same date, Mr. Venter was awarded 1,089,965 share options, Executive Director Pieter-Schalk Krügel 10,899,645 options, Ivan Leonard Wentzel and Tanya Zwemstra each 1,089,965 options, and Noel O'Keeffe 544,982 options, all under a Company Share Option Plan with a strike price of £0.10.
| Date | 15 Jul 2025 |
| Time | 16:30:00 |
| Category | Director/PDMR dealings |
| ID | 1526R |
Mast Energy Developments PLC
(Incorporated in England and Wales)
(Registration Number: 12886458)
LEI :213800HFVHGJ9YGO9F71
Share code on the LSE: MAST
ISIN: GB00BNG90H86
('MED' or 'the Company')
Dated: 15 July 2025
MAST Energy Developments PLC
PDMR Dealing Notifications
Mast Energy Developments PLC ("MED" or "the Company") the UK-based multi-asset owner, developer, and operator in the rapidly growing Flexible Generation Power market, further to its previous RNS announcement dated 11 July 2025, herein publishes PDMR Dealing Notification Forms shown in Annexure A below as required under MAR.
All PDMRs have obtained consent from the Company for the dealings shown below and have notified the Financial Conduct Authority ("FCA") in the prescribed manner.
Stay up to date with MED's latest news and updates by joining our emailing list and social media channels, as follows:
MED emailing list - https://www.med.energy/contact
MED LinkedIn page - https://uk.linkedin.com/company/mast-energy-developments-plc
MED X (formerly Twitter) handle - @mastplc
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 |
|
Guy Wheatley, CFA |
+44 (0)74 9398 9014 |
Fortified Securities |
Corporate Broker |
ANNEXURE A - DEALING NOTIFICATION FORMS
MAST ENERGY DEVELOPMEMTS PLC
DEALING NOTIFICATION FORMS
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 |
|||||||
|
|
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 GB00BNG90H86/ MAST |
|||||||
|
b) |
Nature of the transaction: |
Acquisition of securities in repayment of director loan |
|
|||||||
|
c) |
Price(s) and volume(s): |
|
|
|||||||
|
d) |
Aggregated information: · Aggregated volume: · Price: |
N/A |
|
|||||||
|
e) |
Date of the transaction: |
11 July 2025 |
|
|||||||
|
f) |
Place of the transaction: |
London Stock Exchange |
|
|||||||
|
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 |
||||||
|
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 |
Options awarded under Share Option Plan to acquire Ordinary Shares of £0.001 each in Mast Energy Developments PLC No of share Options:1,089,965 Strike Price: £0.1 Conditions:25% vest on grant, 25% after 6 months and 50% after 12 months subject to standstill period where no exercise permitted for 6 months from 11 July 2025 |
||||||
|
b) |
Nature of the transaction: |
Company Share Option Plan award |
||||||
|
c) |
Price(s) and volume(s): |
|
||||||
|
d) |
Aggregated information: · Aggregated volume: · Price: |
1,089,965 £0.1 |
||||||
|
e) |
Date of the transaction: |
11 July 2025 |
||||||
|
f) |
Place of the transaction: |
Outside of Trading Venue |
||||||
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
|
a) |
Name: |
Pieter-Schalk Krügel |
||||||
|
2. |
Reason for the notification |
|||||||
|
a) |
Position/status: |
Executive Director |
||||||
|
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 |
Options awarded under Share Option Plan to acquire Ordinary Shares of £0.001 each in Mast Energy Developments PLC No of share Options:10,899,645 Strike Price: £0.1 Conditions:25% vest on grant, 25% after 6 months and 50% after 12 months subject to standstill period where no exercise permitted for 6 months from 11 July 2025. |
||||||
|
b) |
Nature of the transaction: |
Company Share Option Plan award |
||||||
|
c) |
Price(s) and volume(s): |
|
||||||
|
d) |
Aggregated information: · Aggregated volume: · Price: |
10,899,645 £0.1 |
||||||
|
e) |
Date of the transaction: |
11 July 2025 |
||||||
|
f) |
Place of the transaction: |
Outside of Trading Venue |
||||||
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
|
a) |
Name: |
Ivan Leonard Wentzel |
||||||
|
2. |
Reason for the notification |
|||||||
|
a) |
Position/status: |
Head of Operations |
||||||
|
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 |
Options awarded under Share Option Plan to acquire Ordinary Shares of £0.001 each in Mast Energy Developments PLC No of share Options:1,089,965 Strike Price: £0.1 Conditions:25% vest on grant, 25% after 6 months and 50% after 12 months subject to standstill period where no exercise permitted for 6 months from 11 July 2025 |
||||||
|
b) |
Nature of the transaction: |
Company Share Option Plan award |
||||||
|
c) |
Price(s) and volume(s): |
|
||||||
|
d) |
Aggregated information: · Aggregated volume: · Price: |
1,089,965 £0.1 |
||||||
|
e) |
Date of the transaction: |
11 July 2025 |
||||||
|
f) |
Place of the transaction: |
Outside of Trading Venue |
||||||
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
|
a) |
Name: |
Tanya Zwemstra |
||||||
|
2. |
Reason for the notification |
|||||||
|
a) |
Position/status: |
Head of Finance |
||||||
|
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 |
Options awarded under Share Option Plan to acquire Ordinary Shares of £0.001 each in Mast Energy Developments PLC No of share Options:1,089,965 Strike Price: £0.1 Conditions:25% vest on grant, 25% after 6 months and 50% after 12 months subject to standstill period where no exercise permitted for 6 months from 11 July 2025 |
||||||
|
b) |
Nature of the transaction: |
Company Share Option Plan award |
||||||
|
c) |
Price(s) and volume(s): |
|
||||||
|
d) |
Aggregated information: · Aggregated volume: · Price: |
1,089,965 £0.1 |
||||||
|
e) |
Date of the transaction: |
11 July 2025 |
||||||
|
f) |
Place of the transaction: |
Outside of Trading Venue |
||||||
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
|
a) |
Name: |
Noel O'Keeffe |
||||||
|
2. |
Reason for the notification |
|||||||
|
a) |
Position/status: |
Company Secretary |
||||||
|
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 |
Options awarded under Share Option Plan to acquire Ordinary Shares of £0.001 each in Mast Energy Developments PLC No of share Options: 544,982 Strike Price: £0.1 Conditions:25% vest on grant, 25% after 6 months and 50% after 12 months subject to standstill period where no exercise permitted for 6 months from 11 July 2025 |
||||||
|
b) |
Nature of the transaction: |
Company Share Option Plan award |
||||||
|
c) |
Price(s) and volume(s): |
|
||||||
|
d) |
Aggregated information: · Aggregated volume: · Price: |
544,982 £0.1 |
||||||
|
e) |
Date of the transaction: |
11 July 2025 |
||||||
|
f) |
Place of the transaction: |
Outside of Trading Venue |
||||||