Update on Subscription TVR & Investor Presentation
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your GANA notes
Further to its announcement on 12 December 2023 relating, inter alia, to a direct subscription for new ordinary shares to raise £675,000 at 0.07p per new Ordinary Share, the Company announces that all subscription money has now been received and accordingly admission of the 964,285,714 Subscription Shares to trading on AIM will now take place at 8.00 a.m. on 5 January 2024 (the "Admission").
As set out in the announcement on 12 December 2023, certain Directors and PDMRs of the Company agreed to subscribed for a total of 142,857,140 new Ordinary Shares as part of the Subscription. Accordingly, as from Admission, their interests in Ordinary Shares will be as follows:
| Director | Ordinary Shares held following Admission | % of Enlarged Issued Share Capital |
|---|---|---|
| Bob Moore | 35,714,285 | 0.67 |
| Mark Epstein | 144,900,280 | 2.72 |
| PDMR | Ordinary Shares held following Admission | % of Enlarged Issued Share Capital |
| Nigel Burton | 205,089,526 | 3.84 |
| Tom Gutteridge | 144,900,280 | 2.72 |
The information contained in Appendix 1 below is disclosed in accordance with Article 19 of UK MAR.
Furthermore, as previously announced, the Company is still looking to raise up to approximately £300,000 via an accelerated book build placing and retail offer. The retail offer is expected to be only open to existing shareholders, which will take place at the same price of 0.07p with one for one warrants exercisable at 0.15p for 12 months. A further announcement will be made in due course once this is launched.
Total Voting Rights
As from Admission, the Company's issued share capital consists of 5,333,941,617 ordinary shares with a nominal value of 0.01p each, with voting rights ("Ordinary Shares"). The Company does not hold any Ordinary Shares in Treasury.
Investor Presentation via Investor Meet Company
The Company is also pleased to announce that Mark Epstein and Tom Gutteridge will provide a live presentation relating to the Investor Presentation via Investor Meet Company on 09 Jan 2024, at 09.30am.
Investors can sign up to Investor Meet Company for free and add to meet MOBILE STREAMS PLC via:
Investors who already follow MOBILE STREAMS PLC on the Investor Meet Company platform will automatically be invited.
Capitalised terms in this announcement have the same meaning as in the "Mobile Streams expansion and Subscription" announcement published on 12 December 2023.
Appendix 1
| a) | Name | Bob Moore |
| 2 | Reason for notification | |
| a) | Position / status | Director |
| b) | I niti a l noti f i ca t i on /Am e ndm e nt | Initial |
| a) | Name | Mobile Streams plc |
| b) | LEI | LEI: 213800CJX7WW927QWP43 |
| a) | D e s cr iption of the f in a n c i a l inst r um e nt, t y pe of inst r um e nt I d e nti f i ca tion c o d e | Ordinary shares of 0.01 pence each in Mobile Streams plc ISIN GB00B0WJ3L68 |
| Nature of the transaction | Issue of shares in lieu of remuneration | |
| c) | Price(s) and volumes(s) | Price(s) Volumes(s) 0.07 pence 35,714,285 |
| d) | Aggregated information | n/a |
| e) | Date of the transaction | 2024-01-05 |
| f) | Place of the transaction | Outside a trading venue |
| a) | Name | Mark Epstein |
| 2 | Reason for notification | |
| a) | Position / status | Director |
| b) | I niti a l noti f i ca t i on /Am e ndm e nt | Initial |
| a) | Name | Mobile Streams plc |
| b) | LEI | LEI: 213800CJX7WW927QWP43 |
| a) | D e s cr iption of the f in a n c i a l inst r um e nt, t y pe of inst r um e nt I d e nti f i ca tion c o d e | Ordinary shares of 0.01 pence each in Mobile Streams plc ISIN GB00B0WJ3L68 |
| Nature of the transaction | Issue of shares in lieu of remuneration | |
| c) | Price(s) and volumes(s) | Price(s) Volumes(s) 0.07 pence 35,714,285 |
| d) | Aggregated information | n/a |
| e) | Date of the transaction | 2024-01-05 |
| f) | Place of the transaction | Outside a trading venue |
| a) | Name | Nigel Burton |
| 2 | Reason for notification | |
| a) | Position / status | PDMR |
| b) | I niti a l noti f i ca t i on /Am e ndm e nt | Initial |
| a) | Name | Mobile Streams plc |
| b) | LEI | LEI: 213800CJX7WW927QWP43 |
| a) | D e s cr iption of the f in a n c i a l inst r um e nt, t y pe of inst r um e nt I d e nti f i ca tion c o d e | Ordinary shares of 0.01 pence each in Mobile Streams plc ISIN GB00B0WJ3L68 |
| Nature of the transaction | Issue of shares in lieu of remuneration | |
| c) | Price(s) and volumes(s) | Price(s) Volumes(s) 0.07 pence 35,714,285 |
| d) | Aggregated information | n/a |
| e) | Date of the transaction | 2024-01-05 |
| f) | Place of the transaction | Outside a trading venue |
| a) | Name | Tom Gutteridge |
| 2 | Reason for notification | |
| a) | Position / status | PDMR |
| b) | I niti a l noti f i ca t i on /Am e ndm e nt | Initial |
| a) | Name | Mobile Streams plc |
| b) | LEI | LEI: 213800CJX7WW927QWP43 |
| a) | D e s cr iption of the f in a n c i a l inst r um e nt, t y pe of inst r um e nt I d e nti f i ca tion c o d e | Ordinary shares of 0.01 pence each in Mobile Streams plc ISIN GB00B0WJ3L68 |
| Nature of the transaction | Issue of shares in lieu of remuneration | |
| c) | Price(s) and volumes(s) | Price(s) Volumes(s) 0.07 pence 35,714,285 |
| d) | Aggregated information | n/a |
| e) | Date of the transaction | 2024-01-05 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.