Mast Energy Developments PLC
(Incorporated in England and Wales)
(Registration Number: 12886458)
Share code on the LSE: MAST
ISIN: GB00BMBSCV12
16 May 2022
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 an Annual General Meeting ("AGM") held today.
Proxies were received by shareholders holding 65.23% of the shares in MED (188,717,097 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 & With Discretion | Votes cast Against | Votes Withheld | |||
| | | Number | % | Number | % | Number | |
| 1. | To receive and adopt the accounts and reports for the financial year ended 31 December 2021. | 123,109,546 | 99.99 | 0 | 0 | 4,192 | |
| 2. | To appoint Crowe UK LLP as auditors of the Company and to authorise the directors to determine their remuneration |
123,109,546
| 99.99 |
0 | 0 | 4,192 | |
| 3. | To re-elect Mr Louis Lodewyk Coetzee as a Director of the Company |
123,109,546 | 99.99 | 4,192 | <.01 | 0 | |
| 4. | THAT the Directors be, and they are hereby generally and unconditionally authorised to exercise all powers of the Company to allot relevant securities | 123,109,546 | 99.99 | 4,192 | <.01 | 0 | |
| 5. | THAT the Directors be, and they are hereby empowered pursuant to Section 570 of the Act to allot equity securities | 123,109,546 | 99.99 | 4,192 | <.001 | 0 | |
| * The full text of the Resolutions can be found on the Notice of AGM https://med.energy/wp-content/uploads/2022/04/MED-2022-Notice-of-AGM-Final.pdf | |||||||
ENDS
For further information please visit www.med.energy or contact:
| Louis Coetzee | info@med.energy | Mast Energy Developments Plc | Non-Executive Chairman |
| Jonathan Critchley & Keith Swann | +44 (0)20 3869 6080 | Clear Capital Markets | Joint Broker |
| Chris Hardie & Sarah Mather | +44 (0)20 7220 1666 | WH Ireland Limited | Joint Broker |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
