Retail Offer

The Board of MOBILE STREAMS PLC (the "Company") is pleased to announce a retail offer to existing retail shareholders via the BookBuild platform (the "Retail Offer") of up to £300,000 through the issue of new ordinary shares ("Ordinary Shares") of ORDINARY 0.01P each in the capital of the Company (the "Retail Offer Shares") at an issue price of GBX 0.06 per New Ordinary Share (as defined below) (the "Issue Price").

In addition to the Retail Offer, the Company is also conducting a placing of new ordinary shares (the "Placing Shares" and together with the Retail Offer Shares, the "New Ordinary Shares") at the Issue Price (the "Placing" and together with the Retail Offer, the "Issue"). A separate announcement has been made regarding the Placing and its terms and it also sets out the reasons for the capital raise. For the avoidance of doubt, the Retail Offer is not part of the Placing.

The Retail Offer is conditional on the New Ordinary Shares to be issued pursuant to the Retail Offer being admitted to trading on the AIM market operated by the London Stock Exchange ("AIM") ("Admission"). Admission of the New Ordinary Shares pursuant to the Retail Offer is expected to take place on 15 January 2024. Completion of the Retail Offer is conditional, inter alia, upon the completion of the Placing.

Expected Timetable in relation to the Retail Offer

Retail Offer

The Company values its retail shareholder base, which has supported the Company alongside institutional investors since IPO in 2006. Given the support of retail shareholders, the Company believes that it is appropriate to provide its retail shareholders in the United Kingdom the opportunity to participate in the Retail Offer. The Company is therefore making the Retail Offer available in the United Kingdom through the financial intermediaries which will be listed, subject to certain access restrictions, on the following website: https://www.bookbuild.live/deals/VQXEG1/authorised-intermediaries

There is a minimum subscription of £100.00 per investor under the terms of the Retail Offer which is open to investors in the United Kingdom subscribing via the intermediaries which will be listed, subject to certain access restrictions, on the following website: https://www.bookbuild.live/deals/VQXEG1/authorised-intermediaries

UK Product Governance Requirements

EU Product Governance Requirements