Schedule One - Mobile Streams plc
Mobile Streams plc, soon to be renamed Gana Media Group plc, is set to be admitted to AIM on January 8, 2026, following a reverse takeover of Estadio Gana and the acquisition of a further 77.5% of Capital Media Sports. This strategic move aims to establish a leading integrated sports, media, and entertainment conglomerate in Latin America, particularly Mexico, a market projected to reach $11.47 billion by the end of 2025 and grow by 70% by 2028. The company has conditionally raised £3.02 million, resulting in an anticipated market capitalization of £86 million at the placing price of 0.5 pence per share.
Select text to share a quote on X · sign in to keep highlights & notes in your GANA notes
Mobile Streams plc ("MOS" or the "Company") to be renamed Gana Media Group plc on Admission
COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES):
Registered Office: 125 Wood Street, London, EC2V 7AW Business address: 12 Hay Hill, London, W1J 8NR and Bosques de Duraznos 65-403, Bosques de las Lomas, 11700 Ciudad de México
COUNTRY OF INCORPORATION:
UK
COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:
the Company's website: https://www.mobilestreams.com (to be www.ganamediagroup.com from Admission).
Mobile Streams announced on 31 March 2025 that it had entered into a term sheet with the other shareholders of Estadio Gana to acquire the remaining interest of the company, thereby taking MOS's interest in Estadio Gana to 100%. This proposed acquisition represents the cornerstone of the Company's aim to create a leading integrated sports, media and entertainment conglomerate focused within the Latin American region, and particularly the Mexican market. This will span and bring together various media, entertainment, technology and iGaming businesses. As part of this expansion, MOS along with its proposed acquisition of Estadio Gana, proposes to acquire the remaining 77.5% of Capital Media Sports, the owner of Estadio Deportes, an online publication built around one of Mexico's most historic sports media brands. CMS will, on Admission own Estadio Deportes, a media sports website based on football heritage brands within Mexico. The Company's focus on Mexico is supported by independent data that suggests that Mexico's sports betting and gaming industry is projected to reach a market size of US$11.47 billion by the end of 2025 according to Yogonet Gaming News. Further growth is expected, and the market is expected to increase by up to a further 70% by 2028 . Mexico is also set to co-host the FIFA World Cup in 2026, positioning Mobile Stream's target market posed for exponential expansion and crystalising future shareholder value. These acquisitions will further support the growth and expansion of Estadio Gana, CMS and for general working capital of the Enlarged Group, the Company has conditionally raised gross proceeds of £3.02 million pursuant to Fundraising. Finally, to better align with the Company's ongoing and future business, it is also proposing to change its name to Gana Media Group plc. The Estadio Gana Acquisition represents a reverse takeover under Rule 14 of the AIM Rules for Companies (as well as a substantial property transaction under section 190 of the CA 2006, as Mark Epstein and Stefano Loretti, directors of Mobile Streams, are also shareholders in Estadio Gana) and accordingly is subject to Shareholder approval.
Number of ordinary shares of 0.01 pence each ("Ordinary Shares") for which Admission is being sought: 17,191,823,671. The Ordinary Shares are and will remain freely transferable and have no restrictions as to transfer placed on them. The issue price: 0.5 pence (the "Placing Price"). No Shares are or will be held in treasury.
Capital to be raised on Admission: £3.02 million Anticipated market capitalisation on Admission £86 million (at the Placing Price)
PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION :
42.2%
N/A
THE COMPANY HAS APPLIED FOR THE VOLUNTARY CARBON MARKET DESIGNATION (Y/N)
No
Existing Directors John Robert Mark Barker (Non-Executive Chairman) Mark Alexander Epstein (Chief Executive Officer) Sri Ramakrishna (" Rama ") Uthayanan (Chief Financial Officer) Stefano Loreti (Non-Executive Director) Proposed Directors Ramón Neme Aziz (Non-Executive Director) Farzad Peyman-Fard (Independent Non-Executive Director) Brian Edward Andrew Larkin (Independent Non-Executive Director)
Name Number of Ordinary Shares held before Admission Percentage of existing issued ordinary share capital Number of Ordinary Shares expected to be held after Admission Percentage of issued ordinary share capital after Admission Lombard International Assurance S.A. 539,500,000 5.02% 539,500,000 3.14% Paolo Fidanza 371,736,011 3.46% 612,989,646 3.57% Mark Barry 376,319,656 3.50% 376,319,656 2.19% Ramón Neme Aziz 113,981,323 1.06% 1,751,957,311 10.19% Mark Alexander Epstein 156,955,377 1.4% 1,109,210,719 6.45% Rory Anderson - - 819,351,970 4.77% Stefano Loreti 315,308,167 2.94% 621,170,964 3.61% Salvador Neme Aziz - - 546,234,647 3.18%
NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:
None
- 30 June (ii) 30 June 2025 (iii) - 31 March 2026 (unaudited interim financial statements for 6 months ended 31 December 2025) - 31 December 2026 (audited accounts for the year ended 30 June 2026) - 31 March 2027 (unaudited interim financial statements for 6 months ended 31 December 2026)
EXPECTED ADMISSION DATE:
NAME AND ADDRESS OF NOMINATED ADVISER:
Beaumont Cornish Limited 5-10 Bolton Street London W1J 8BA
NAME AND ADDRESS OF BROKER:
AlbR Capital Limited 3rd Floor, 80 Cheapside London EC2V 6EE Axis Capital Markets Limited 27 Clements Lane London EC4N 7AE
The AIM Admission Document, which will contain full details of the applicant and admission of its securities, will be available from the Company's website: https://www.mobilestreams.com
THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO APPLY
QCA Code (as updated in 2023)
DATE OF NOTIFICATION:
NEW/ UPDATE:
New
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.