Direct Subscription, Issue of Equity & TVR

Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is pleased to announce the successful completion of a direct subscription (the "Subscription") to a single institutional investor, Icam & Partners SA, arranged by the Company to raise £471,900 to support the continuing growth of the Group.

A total of 1,210,000,000 ordinary shares of 0.01p nominal value each ("Subscription Shares") have been placed conditional only on Admission and settlement with a single investor at 0.039p per share. The subscription price represents a discount of 8.2% to the Closing Mid-Market price on 31st July 2024 of 0.0425p.

Each Placing share will rank pari passu with existing Ordinary Shares and will be issued with one warrant per two Placing shares (for a total of 605,000,000 warrants) to subscribe for one Ordinary Share exercisable at 0.039p per share for a twelve month period ending on 31st July 2025.

The Subscription Shares represent approximately 15.85% of the enlarged issued share capital of the Company and together with the attached warrants, would represent approximately 27.36% of the diluted issued share capital (assuming no other warrants or options are exercised).

Admission to trading

Application will be made to the London Stock Exchange for admission of the Subscription Shares totalling 1,210,000,000 Ordinary Shares to trading on AIM. It is expected that admission will become effective and dealings in the Subscription Shares will commence at 8.00 a.m. on or around the 7th August 2024.

Total Voting Rights

Following the issue of the Subscription Shares as described above, the Company's issued share capital consists of 7,634,115,963 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.

Mark Epstein, CEO Mobile Streams plc, said:

"We are pleased by the interest shown to invest in our expansion into publishing and online casino and sports book services in Mexico. This additional capital will further assist the Company in achieving its aims and assist in our drive to breakeven. It is the intention to use these funds to design, code and deliver additional functionality onto Mobile Streams existing suite of platforms to drive new revenue streams that align with the launch of our investments in Mexico."

About Mobile Streams:

Mobile Streams is a global sports entertainment group specialising in Igaming, licensing and platforms. Delivering world class gaming content to a global audience, through its https://heroesnftclub.com/ site and mobilegaming.com platforms, our long-standing carrier relationships in countries including India, Argentina and Mexico, and through our LiveScores sites. The Company has a significant Mexican presence in publishing, digital merchandise and it's soon to launch online casino and sports book services.

Our Streams data insight, intelligence and visualisation services and marketing optimisation tools support the content business, as well as serving enterprise level bespoke clients and the Streams SaaS ("Software as a Service") self-service platform.