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An update from Mast Energy Developments PLC ( (GB:MAST) ) is now available.
Mast Energy Developments PLC has announced a General Meeting on 8 July 2025, where shareholders will vote on resolutions related to a proposed share consolidation and an Equity Fundraise. The company aims to finalize a Supplementary Prospectus with the FCA to complete the fundraise, which is expected to close around 9 July 2025. The successful completion of this Equity Fundraise is anticipated to significantly strengthen the company’s balance sheet and accelerate its goal of achieving a 300+ MW portfolio.
More about Mast Energy Developments PLC
Mast Energy Developments PLC is a UK-based company that operates in the flexible power market, focusing on owning, developing, and operating multiple assets.
Average Trading Volume: 26,182,811
Technical Sentiment Signal: Buy
Current Market Cap: £3.65M
Learn more about MAST stock on TipRanks’ Stock Analysis page.