26 July 2021
Mobile Streams plc
("MOS" or "the Company")
Director appointments
The Company announces the appointment of Robert ("Bob") Moore, 63, as Non-Executive Chairman of the Company and Rama Uthayanan, 61, as Finance Director with immediate effect. Charles Goodfellow, current Chairman will revert to being a Non-Executive Director.
Bob is a UK qualified lawyer (Barrister, called to the bar at Middle Temple 1981) with over 35 years' business, commercial and legal experience, including as Head of International Legal Affairs at Enterprise Oil plc (a UK FTSE 100 company until its acquisition by Shell in 2002) and as Co-founder and Commercial Director of Granby Oil & Gas plc, which was listed on AIM from 2005 until its sale in 2008. Bob has subsequently co-founded, and is Managing Director of, several private engineering and energy businesses based in the UK and Luxembourg.
Rama is a UK qualified accountant with over 35 years' audit and accounting experience, including as Finance Director of AIM listed The People's Operator plc from 2016 until 2019. He has been Finance Director at Krunchdata Limited, the Company's 49% subsidiary since December 2018.
Nigel Burton, Non-Executive Director, said:
"I am delighted that Bob is joining the Company. Having previously built and then sold Granby Oil with him I am confident that his international commercial and legal experience will be invaluable as we seek to grow the Company through a combination of organic growth and potential acquisitions."
Mark Epstein, Chief Executive Officer, said:
"I am delighted that Rama is joining the Company. Having worked together for many years I am confident that his experience will be invaluable to the Company."
In accordance with obligations under the AIM Rules Schedule 2(g), Robert Dennis Moore, 63, holds or has held the following directorships in the previous five years:
| Current directorships | Past directorships |
| Ardent Oil Limited | Ardent Oil (Croatia) S.A. |
| Ardent Oil (Luxembourg) Holdings SA | Latam Renewable Services Limited |
| Ardent Castings Limited | SwiftPipe Middle East Limited |
| Horizon Energy Partners Limited | Petro River UK Limited |
| Horizon Energy Acquisition Limited Ardent Oil (UK) S.A | Ardent Oil & Gas Production Limited (now Cathay Oil and Gas Production Limited) |
| Swiftpipe Limited | Ardent Oil (Denmark) S.a.r.l. |
| | Ardent Oil Resources Limited |
In accordance with obligations under the AIM Rules Schedule 2(g), Sri Ramakrishna Uthayanan, 61, holds or has held the following directorships in the previous five years:
| Current directorships | Past directorships |
| Ignitecap Limited | AA Accounting and Business Solutions Associates Limited |
| Igniteamt Limited | MSAE Limited |
| Krunchdata Limited | Next Step Accountants Limited |
| London Tamil Literary Association Limited | |
| Maruthanila Limited | |
| | |
| Mass1 Communications Limited | |
| The Vanni Welfare Society (UK) Limited | |
There is no further information to be disclosed pursuant to Schedule 2(g) of the AIM Rules for Companies.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
For further information, please contact:
Mobile Streams plc
Nigel Burton, Non-Executive Director
+44 77 8523 4447
www.mobilestreams.com
Beaumont Cornish (Nominated Adviser)
James Biddle and Roland Cornish
+44 (0) 20 7628 3396
Peterhouse Capital Limited (Broker)
Lucy Williams, Duncan Vasey and Eran Zucker
+44 (0) 20 7469 0930
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