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Mobile Streams Plc RNS Release

Result of general meeting

RNS Number : 2542S
Mobile Streams plc
19 December 2016
 

Mobile Streams plc

("Mobile Streams", the "Company" or the "Group")

(AIM: MOS)

Result of general meeting

On 2 December 2016 Mobile Streams plc ("Mobile Streams" or the "Company") announced that it had conditionally raised gross proceeds of £2.2 million through the successful placing and offer of 54,479,250 Ordinary Shares (the "New Shares") at a price of 4 pence per New Share (the "Fundraising").

The Company is pleased to announce that at the general meeting held earlier today all resolutions proposed were duly passed and accordingly the Fundraising will complete upon admission of the New Shares to trading on AIM expected on or around 20 December 2016.

Issue of equity

Application has been made to the London Stock Exchange for the New Shares to be admitted to trading on the AIM market of the London Stock Exchange. It is expected that admission will become effective on or around 20 December 2016 ("Admission").

Total voting rights

Following Admission the number of ordinary shares of 0.2 pence each in the capital of the Company (the "Ordinary Shares") in issue and number of voting rights will be 91,593,533. The above figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

Directors' holdings

Immediately following Admission, Simon Buckingham will hold 12,385,500 Ordinary Shares, representing 13.52 per cent. of the issued share capital.

Enquires:

Mobile Streams

+1 347 669 9068


 

 

Simon Buckingham, Chief Executive Officer


 

 

Enrique Benasso,  Chief Financial Officer




N+1 Singer (Nominated Adviser and Broker)

+44 20 7496 3000

 

+44 20 7496 3000

Alex Price

+44 20 7496 3000

Alex Laughton Scott


 

Notification and public disclosure of transactions by persons discharging managerial

responsibilities and persons closely associated with them

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Simon Buckingham (Chief Executive Officer)

 

2

 

Reason for the notification

 

 

a)

 

Position/status

 

 

PDMR (Director)

 

b)

 

Initial notification /Amendment

 

 

Initial notification

 

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

 

a)

 

Name

 

 

Mobile Streams plc

 

b)

 

LEI

 

 

N/A

 

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

ordinary shares of 0.2 pence each

 

 

GB00B0WJ3L68

 

b)

 

Nature of the transaction

 

 

Purchase of shares

 

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Exercise Price

 

 

 

2,003,000 ordinary shares

 

 

4 pence

 

e)

 

Date of the transaction

 

 

20 October 2016

 

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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