REG - Mast Energy Dvlpmts. - Result of AGM

Mast Energy DevelopmentsAnnouncement

30/05/2024 14:00

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RNS Number : 5066Q  Mast Energy Developments PLC  30 May 2024

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')

 

 

30 May 2024

 

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

 

Proxies were received by shareholders holding 61.45% of the shares in MED
(426,354,067 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 &           Votes cast               Votes Withheld

                                                                                             With Discretion            Against
                                                                                             Number        %            Number      %      Number
 1.            To receive and adopt  the accounts and reports for the financial year ended
               31 December 2023.

                                                                                             261,871,936   99.96        113,885     0.04   0
 2.            To appoint Crowe UK LLP as auditors of the Company and to authorise the
               directors to determine their remuneration

                                                                                             261,871,936   99.96        113,885     0.04   0
 3.            To re-elect Mr Dominic Traynor as a Director of the Company                                 97.06        7,713,885   2.94   10,000

                                                                                             254,261,936

 4.            THAT the Directors be, and they are hereby generally and unconditionally      260,210,634   99.32        1,775,187   0.68   0
               authorised to exercise all powers of the Company  to allot relevant
               securities

 5.            THAT the Directors be, and they are hereby empowered pursuant to Section 570
               of the Act to allot equity securities

                                                                                             260,200,634   99.32        1,785,187   0.68   0
 * The full text of the Resolutions  can be found on the Notice of AGM on the
 MED website at:
 https://med.energy/wp-content/uploads/2022/04/MED-2024-Notice-of-AGM-Final.pdf
 (https://med.energy/wp-content/uploads/2022/04/MED-2024-Notice-of-AGM-Final.pdf)

 

 

 

 

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.

 

For further information please visit www.med.energy (http://www.med.energy/)
or contact:

 Pieter Krügel   info@med.energy (mailto:info@med.energy)  Mast Energy        CEO

                                                           Developments PLC
 Jon Belliss     +44 (0)20 7399 9425                       Novum Securities   Corporate Broker

 

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.   END  RAGSDWFESELSELI