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LONDON - Mast Energy Developments PLC (LSE:MAST), a UK-based developer in the Flexible Generation Power market, disclosed on Tuesday that several company directors and senior management have participated in share transactions.
Non-executive Director Paulus Fillippus Venter acquired 1,926,000 ordinary shares at £0.04 per share in repayment of a director loan, according to the regulatory filing.
The company also awarded share options to multiple executives under its Share Option Plan. CEO Pieter-Schalk Krügel received 10,899,645 options, while Venter, Head of Operations Ivan Leonard Wentzel, and Head of Finance Tanya Zwemstra each received 1,089,965 options. Company Secretary Noel O’Keeffe was granted 544,982 options.
All options were issued with a strike price of £0.10 per share. The vesting schedule stipulates that 25% vest immediately, 25% after six months, and the remaining 50% after 12 months, subject to a six-month standstill period from July 11 during which no exercise is permitted.
The company noted that all persons discharging managerial responsibilities (PDMRs) obtained consent for these dealings and have notified the Financial Conduct Authority as required under Market Abuse Regulation (MAR).
Mast Energy Developments specializes in developing and operating assets in the flexible power generation sector. The announcement follows a previous disclosure dated July 11, 2025.
The information was disclosed in a regulatory filing based on a company press release statement.
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