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Mast Energy Developments PLC ( (GB:MAST) ) just unveiled an announcement.
Mast Energy Developments PLC has announced the exercise of historic broker warrants, resulting in the issuance of 243,750 new ordinary shares at £0.08 each. This move, part of a recent share capital consolidation, will adjust the company’s issued share capital to 13,248,927 ordinary shares with voting rights. The admission of these shares to the LSE is expected to take effect on 30 July 2025, slightly reducing the beneficial holding of Paul Venter, the company’s non-executive director and chairman, from 15.06% to 14.79%.
More about Mast Energy Developments PLC
Mast Energy Developments PLC is a UK-based company that operates in the Flexible Generation Power market. It is a multi-asset owner, developer, and operator, focusing on providing flexible energy solutions.
Average Trading Volume: 700,611
Technical Sentiment Signal: Buy
Current Market Cap: £10.18M
For a thorough assessment of MAST stock, go to TipRanks’ Stock Analysis page.