Source - LSE Regulatory
RNS Number : 2176R
Mobile Streams plc
28 February 2023
 

28 February 2023

 

Mobile Streams plc

("MOS" or "the Company")

 

Issue of shares to consultants and NFT partners, TVR, Q4 revenues

 

Mobile Streams plc, the AIM quoted mobile content and data intelligence company, announces the issue of shares in relation to the previously announced contracts with the Mexican National and Necaxa football teams as well as the professional golfer Gaby López, in connection with or as part of the transaction consideration.

 

The number of shares is determined by the GBP/USD spot exchange rate and the three-month VWAP on the date of the relevant agreement. There are also lock in conditions preventing the shares from being traded for a period of 12 or 24 months and then an orderly marketing agreement for the twelve months thereafter. The relevant details are shown in the table below.

 


Value of the Share payment

Issue price (p)

Shares

Lock in

Orderly marketing

Guillermo de la Macorra

 

£82,645

0.2711

    30,483,696

to 27/2/25

to 27/2/26

Gaby López

 

£8,547

0.1899

      4,501,576

to 27/2/24

to 27/2/24

Victor Omar Garcia Morin

 

£85,470

0.1899

   45,015,806

to 27/2/24

to 27/2/24

Jorge Kuri Aziz

 

£42,735

0.1899

   22,507,903

to 27/2/24

to 27/2/24

 

Application has been made for admission of the 102,508,981 new Ordinary Shares which will rank pari passu with existing Ordinary Shares to trading on AIM ("Admission"), with Admission expected to be on or around 6 March 2023.

 

Total Voting Rights

Following the issue of the Consideration Shares as described above, the Company's issued share capital consists of 4,369,655,903 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.

 

Therefore, above figure may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Q4 Revenue

The Company is pleased to announce unaudited revenues for the three months to 31 December 2022 of US$645,000 (c.£516,000). This represents a year-on-year increase of 243% in revenue when compared to the same period in 2021. Going forwards the Company will continue to report half year and annual figures in GBP.

 

 

Mark Epstein, CEO Mobile Streams plc, said:

"We are delighted with the results of our first few months of NFT drops. We are pleased with our revenue progress to date and expect this to increase significantly throughout 2023."

 

About Mobile Streams

Mobile Streams delivers world class gaming content to a global audience, through its LiveScores and mobilegaming.com platforms, our long-standing carrier relationships in countries including India, Argentina and Mexico, and through our https://heroesnftclub.com/ site.

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. Our strategy is to deliver next-generation content including gaming, Esports and related NFTs to a global audience.

For further information, please contact:

 

Mobile Streams plc

Nigel Burton, Adviser

+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 and Duncan Vasey

+44 (0) 20 7469 0930

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
IOEDZGZZMNNGFZZ
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Mobile Streams PLC (MOS)

+0.01p (+12.50%)
delayed 15:57PM