Mobile Streams plc Result of general meeting (2542S)

TIDMMOS

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 GBP2.2 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                                      [phone] 
 
 
   Simon Buckingham, Chief Executive Officer 
 
 
   Enrique Benasso, Chief Financial Officer 
 
                                                                               +44 
                                                                                20 
 N+1 Singer (Nominated Adviser and                                              7496 
  Broker)                                            [phone]           3000 
                                                                               +44 
                                                                                20 
                                                                                7496 
 Alex Price                                                                     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       Initial notification 
          /Amendment 
   ---  -------------------------  ---------------------------------- 
    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             ordinary shares of 0.2 pence 
          the financial              each 
          instrument, type 
          of instrument 
                                     GB00B0WJ3L68 
          Identification 
          code 
   ---  -------------------------  ---------------------------------- 
    b)   Nature of the              Purchase of shares 
          transaction 
   ---  -------------------------  ---------------------------------- 
    c)   Price(s) and volume(s) 
   ---  -------------------------  ---------------------------------- 
    d)   Aggregated information 
 
          - Aggregated volume        2,003,000 ordinary shares 
 
 
          - Exercise Price           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

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December 19, 2016 07:48 ET (12:48 GMT)