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MOS Mobile Streams Plc

0.0375
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mobile Streams Plc LSE:MOS London Ordinary Share GB00B0WJ3L68 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0375 0.035 0.04 0.0375 0.0375 0.0375 23,167,485 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Services, Nec 1.82M -3.79M -0.0007 -0.57 2.13M

Mobile Streams plc MOS partnership with QMG enters new market (1184X)

29/04/2021 2:59pm

UK Regulatory


Mobile Streams (LSE:MOS)
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From Apr 2021 to Apr 2024

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TIDMMOS

RNS Number : 1184X

Mobile Streams plc

29 April 2021

29 April 2021

Mobile Streams plc

("MOS" or "the Company")

Mobile Streams partnership with Quanta Media Group enters new market

Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is pleased to announce that by utilising both the Streams content platform and the previously announced investment by MOS, Quanta Media Group ("QMG") is preparing to launch its first three, direct to consumer, mobile content sites. These sites will be targeted at customers wishing to place sports bets and play online casino games in the Dutch language in The Netherlands once the regulated Dutch i-Gaming market opens on 1 October.

The purpose of each of Quanta's Dutch language sites is to help Dutch consumers make informed decisions about where and how to play online casino games, find free bet offers from Dutch sportsbook operators, and help potential sports bettors/punters make informed choices about which legal and regulated companies they can safely and reliably place their wagers with.

QMG believes that the Streams content platform provides the necessary tools and data to give QMG a significant competitive advantage in content identification and creation whilst the underlying data intelligence capability will support customer conversion which is QMG's primary source of revenue.

The Netherlands launch represents a major milestone in the MOS/QMG partnership and opens up opportunities for additional revenue for MOS. We are also continuing to work with QMG to identify opportunities to deliver new revenue sources for the MOS legacy business as well as assessing other opportunities for collaboration.

Ed Simons - Non-Executive Chairman QMG, said:

"Starting October 2021, The Dutch i-Gaming lead generation market is estimated to be worth in excess of EUR200m per annum. We are thrilled to be entering our first market with sites powered by Streams and look forward to capturing our percentage of market share. We also hope that other opportunities will come from our relationship with MOS."

Nigel Burton, Non-Executive Director, said:

"We are pleased with the progress of our partnership with QMG and are delighted to be able to help them launch and grow in the Dutch market. I look forward to developing more opportunities with QMG in due course."

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

For further information, please contact:

Mobile Streams plc

Nigel Burton, Non-Executive Director

+44 77 8523 4447

www.mobilestreams.com

Beaumont Cornish (Nominated Adviser)

James Biddle and Roland Cornish

+44 (0) 20 7628 3396

Peterhouse Capital Limited (Broker)

Lucy Williams, Duncan Vasey and Eran Zucker

+ 44 (0) 20 7469 0930

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCILMJTMTATBPB

(END) Dow Jones Newswires

April 29, 2021 09:59 ET (13:59 GMT)

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