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Holding(s) in Company

In brief · summary, not quotable

Peel Hunt LLP has crossed a threshold regarding voting rights in Mast Energy Developments PLC, resulting in a change in their major holdings. The notification, dated October 22, 2025, indicates that Peel Hunt LLP's voting rights attached to shares have decreased. Previously, Peel Hunt LLP held 10.861587% of voting rights, but the resulting situation on October 20, 2025, shows their holdings are now below 10% of the voting rights attached to shares. The percentage of voting rights through financial instruments remains at 0.000000%. Consequently, the total of both voting rights attached to shares and through financial instruments is now below 10%.

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(Registration Number: 12886458)

Share code on the LSE: MAST

('MED' or 'the Company')

Dated: 22 October 2025

MAST Energy Developments PLC

TR-1: Standard form for notification of major holdings

Issuer Details

ISIN

GB00BNG90H86

Issuer Name

MAST ENERGY DEVELOPMENTS PLC

UK or Non-UK Issuer

UK

Reason for Notification

An acquisition or disposal of voting rights

Details of person subject to the notification obligation

Name

Peel Hunt LLP

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

Details of the shareholder

City of registered office (if applicable)

Country of registered office (if applicable)

Date on which the threshold was crossed or reached

20-Oct-2025

Date on which Issuer notified

21-Oct-2025

  • Total positions of person(s) subject to the notification obligation
Resulting situation on the date on which threshold was crossed or reachedBelow 10%0.000000Below 10%Below 10% of shares in issue
Position of previous notification (if applicable)10.8615870.00000010.861587
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible)Number of direct voting rights (DTR5.1)Number of indirect voting rights (DTR5.2.1)% of direct voting rights (DTR5.1)% of indirect voting rights (DTR5.2.1)
GB00BNG90H86Below 10% of shares in issueBelow 10%
Sub Total 8.ABelow 10% of shares in issueBelow 10%

Financial Instruments according to (DTR5.3.1R.(1) (a))

Sub Total 8.B1

  • Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Sub Total 8.B2

  • Information in relation to the person subject to the notification obligation
  • In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

  • Additional Information
  • Date of Completion

21-Oct-2025

Place Of Completion

London

Pieter Krügelinfo@med.energyMast Energy Developments PLCCEO
Guy Wheatley, CFA+44 (0)74 9398 9014Fortified SecuritiesCorporate Broker

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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