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Mast Energy Developments PLC ( (GB:MAST) ) has provided an update.
Mast Energy Developments PLC has announced the exercise of Prepaid Warrants, leading to the issuance of 2,155,000 new ordinary shares at 4 pence each. This move will increase the company’s issued share capital to 16,903,927 ordinary shares, impacting the shareholding percentages of key stakeholders, including a reduction in the holdings of Paul Venter and Riverfort Global Opportunities PCC Ltd.
More about Mast Energy Developments PLC
Mast Energy Developments PLC is a UK-based company operating in the Flexible Generation Power market. It is a multi-asset owner, developer, and operator, focusing on providing flexible power solutions.
Average Trading Volume: 498,314
Technical Sentiment Signal: Buy
Current Market Cap: £23.3M
Learn more about MAST stock on TipRanks’ Stock Analysis page.