11:30 Thu 30 Apr 2020
Mobile Streams plc - Results of Annual General Meeting
("MOS" or "the Company")
Results of Annual General Meeting
AGM Statement
Approval of Conditional Placing of
Total Voting Rights
Results of Annual General Meeting
The Company is pleased to announce that, with the exception of the resolution to reappoint
AGM Statement
The Company is pleased to provide an update on trading and current developments.
Content business
The legacy mobile content business, which generates revenues through relationships with mobile operators and content aggregators and retailing directly to the consumer, continues to perform in line with expectations. Group revenue for the first three months of 2020 was
The Group's cash balance is currently
Data business
The Streams platform delivered via our partnership with KrunchData continues to develop well and, as announced on 14 April, signed its first commercial agreement with the
"In emergency situations being able to respond quickly and collaborate is vital. Data is therefore critical to success. Streams has been our essential intelligence platform to support our vital work at NET to fight Covid-19. It has helped transform our ability to visualise, understand and drive effective decision using big data. The deep intelligence, automated insights and the visualisation in particular have been crucial in helping us not only in our own internal discussions but also with external stakeholders including government departments."
"As the
"It is a tremendous privilege for us to be helping deliver the
Completion of Conditional Placing of
The approval of the resolutions enables the Conditional Placing, announced on 30 March, to be completed. As a result, 182,812,500 ordinary shares have been issued and will be admitted to trading on AIM on
Total Voting Rights
As at the date of this announcement, following the issue of the Firm Placing shares, the Company's issued share capital consists of 671,741,471 ordinary shares with a nominal value of 0.01p each, with voting rights ("Ordinary Shares"). The Company does not hold any Ordinary Shares in
Therefore the total number of Ordinary Shares in the Company with voting rights is 671,741,471 and this figure may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information, please contact:
+44 77 8523 4447
James Biddle and
+44 (0) 20 7628 3396
+44 (0) 20 7469 0930
This information is provided by RNS, the news service of the
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of...
FOR OUR FULL DISCLAIMER CLICK HERE