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 |