Mobile Streams plc Result of general meeting (2542S)
19 December 2016 - 11:48PM
UK Regulatory
TIDMMOS
RNS Number : 2542S
Mobile Streams plc
19 December 2016
Mobile Streams plc
("Mobile Streams", the "Company" or the "Group")
(AIM: MOS)
Result of general meeting
On 2 December 2016 Mobile Streams plc ("Mobile Streams" or the
"Company") announced that it had conditionally raised gross
proceeds of GBP2.2 million through the successful placing and offer
of 54,479,250 Ordinary Shares (the "New Shares") at a price of 4
pence per New Share (the "Fundraising").
The Company is pleased to announce that at the general meeting
held earlier today all resolutions proposed were duly passed and
accordingly the Fundraising will complete upon admission of the New
Shares to trading on AIM expected on or around 20 December
2016.
Issue of equity
Application has been made to the London Stock Exchange for the
New Shares to be admitted to trading on the AIM market of the
London Stock Exchange. It is expected that admission will become
effective on or around 20 December 2016 ("Admission").
Total voting rights
Following Admission the number of ordinary shares of 0.2 pence
each in the capital of the Company (the "Ordinary Shares") in issue
and number of voting rights will be 91,593,533. The above figure
may be used by shareholders as the denominator for the calculations
by which they will determine whether they are required to notify
their interest in, or a change to their interest in, the Company
under the Financial Conduct Authority's Disclosure and Transparency
Rules.
Directors' holdings
Immediately following Admission, Simon Buckingham will hold
12,385,500 Ordinary Shares, representing 13.52 per cent. of the
issued share capital.
Enquires:
Mobile Streams +1 347 669 9068
Simon Buckingham, Chief Executive Officer
Enrique Benasso, Chief Financial Officer
+44
20
N+1 Singer (Nominated Adviser and 7496
Broker) +44 20 7496 3000 3000
+44
20
7496
Alex Price 3000
Alex Laughton Scott
Notification and public disclosure of transactions
by persons discharging managerial
responsibilities and persons closely associated
with them
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------
a) Name Simon Buckingham (Chief Executive
Officer)
--- ------------------------- ----------------------------------
2 Reason for the notification
--- -------------------------------------------------------------
a) Position/status PDMR (Director)
--- ------------------------- ----------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------
a) Name Mobile Streams plc
--- ------------------------- ----------------------------------
b) LEI N/A
--- ------------------------- ----------------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- -------------------------------------------------------------
a) Description of ordinary shares of 0.2 pence
the financial each
instrument, type
of instrument
GB00B0WJ3L68
Identification
code
--- ------------------------- ----------------------------------
b) Nature of the Purchase of shares
transaction
--- ------------------------- ----------------------------------
c) Price(s) and volume(s)
--- ------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 2,003,000 ordinary shares
- Exercise Price 4 pence
--- ------------------------- ----------------------------------
e) Date of the transaction 20 October 2016
--- ------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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December 19, 2016 07:48 ET (12:48 GMT)
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