25 October 2017
Mobile Streams plc
("Mobile Streams" or the "Company")
Mobile Streams PLC (AIM: MOS), has been informed that Tim Maunder who is a non-executive director and Chairman of the Audit Committee will not be standing for re-election at the Company's AGM in December.
Peter Tomlinson, a current non-executive, will be replacing Mr Maunder as Chairman of Audit.
A process is underway to appoint a new non-executive to replace Mr Maunder. It is intended this new appointee will have experience of business in India.
Mr Maunder was appointed in January 2011.
Tim Maunder comments: "I have very much enjoyed my time with Mobile Streams. The Company has some exciting prospects in the fast growing India market. I wish the team well."
Simon Buckingham CEO and Founder of Mobile Streams comments: "On behalf of the Board we are very grateful to Tim for his work and expertise over the past seven years".
Simon Buckingham, Chief Executive Officer
Enrique Benasso, Chief Financial Officer
N+1 Singer (Nominated Adviser and Broker)
This information is provided by RNS