Mobile Streams plc Resignation of Nominated Adviser and Broker (9960N)
27 September 2019 - 10:09PM
UK Regulatory
TIDMMOS
RNS Number : 9960N
Mobile Streams plc
27 September 2019
Mobile Streams plc
("Mobile Streams" or the "Company")
Resignation of Nominated Adviser and Broker
The Company announces that Nplus1 Singer Advisory LLP ("N+1
Singer"), the Company's nominated adviser and broker, has served
notice under its nominated adviser and broker agreement with the
Company to act as Mobile Streams' nominated adviser and broker.
If the resolution relating to the proposed cancellation of the
Company's ordinary shares to trading on AIM is not passed by the
Company's shareholders at the general meeting to be held on 30
September 2019 ("General Meeting"), N+1 Singer shall cease to act
as the Company's nominated adviser and broker at the close of
business on 28 October 2019. As previously announced on 4 September
2019, if the resolution relating to the proposed cancellation of
the Company's ordinary shares to trading on AIM is passed by the
Company's shareholders at the General Meeting, the Company's shares
will be cancelled to trading on AIM at 7.00 a.m. on 8 October
2019.
Pursuant to Rule 1 of the AIM Rules for Companies, if no
replacement nominated adviser is appointed before the close of
business on 28 October 2019, the ordinary shares in the Company
will be suspended from trading on AIM at 7.30 a.m. on Tuesday 29
October 2019. If, following such suspension, the Company fails to
appoint a replacement nominated adviser within one month of the
date that its shares are suspended from trading on AIM, the
admission of the Company's shares to trading on AIM will be
cancelled at 7.00 a.m. on Friday, 29 November 2019.
Further announcements will be made as appropriate.
For further information, please contact:
Mobile Streams plc +1 347 669 9068
Simon Buckingham, Chief Executive
Officer
Enrique Benasso, Chief Financial
Officer
N+1 Singer (Nominated Adviser and
Broker) +44 (0) 20 7496 3000
Mark Taylor / George Tzimas
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014
("MAR").
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END
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