Mobile Streams plc Exercise of Warrants and TVR

RNS Number : 3374R

Mobile Streams plc

24 December 2024

 

24 December 2024

 

Mobile Streams plc

("MOS" or "the Company")

 

Exercise of Warrants, and Total Voting Rights ("TVR")

 

Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is pleased to announce the exercise of warrants by investors.

 

A total of 78,571,429 warrants have been exercised at 0.15p per share, and 83,000,000 at 0.3p per share, resulting in proceeds received of £366,857.

 

A total of 161,571,429 ordinary shares of 0.01p nominal value each ("Ordinary Shares") have been issued following these warrant exercises and therefore a total of  914,641,218 Ordinary Shares have now been issued pursuant to the exercise of warrants at 0.15p per share under the Block Listing Application announced on 3 October 2024.

 

Application will be made to the London Stock Exchange for admission of the 83,000,000 Ordinary Shares resulting from the issue of these 0.3p warrants to trading on AIM. It is expected that admission will become effective and dealings in these Ordinary Shares will commence at 8.00 a.m. on or around 2 January 2025.

 

Total Voting Rights

Following the issue of the Ordinary Shares as described above, the Company's issued share capital consists of 8,825,217,939 ordinary shares with a nominal value of 0.01p each, with voting rights. The Company does not hold any Ordinary Shares in Treasury.

Therefore, the above 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 FCA's Disclosure Guidance and Transparency Rules.

 

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulations (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon publication of this announcement, this inside information is now considered to be in the public domain.

 

For further information, please contact:

 

Mobile Streams plc

John Barker, Chairman

[phone]

www.mobilestreams.com

 

Beaumont Cornish (Nominated Adviser)

James Biddle and Roland Cornish

[phone]

 

Peterhouse Capital Limited (Broker)

Lucy Williams and Duncan Vasey

[phone]

 

 

Nominated Adviser Statement

 

Beaumont Cornish Limited ("Beaumont Cornish"), is the Company's Nominated Adviser and is authorised and regulated in the United Kingdom by the Financial Conduct Authority. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in the announcement or any matter referred to in it.

 

 

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END

 

 

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