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On January 15, 2025, Mobile Streams plc announced that investors exercised 74,720,076 warrants at 0.15p per share and 68,666,667 warrants at 0.3p per share, generating total proceeds of £318,080. This resulted in the issuance of 143,386,743 ordinary shares, bringing the total shares issued under the 0.15p block listing to 989,361,294. Following these issues, the Company's total issued share capital now consists of 8,968,604,682 ordinary shares, with admission for the 68,666,667 shares to AIM expected around January 21, 2025.
| Date | 15 Jan 2025 |
| Time | 10:26:41 |
| Category | Capital structure |
| ID | 4428T |
15 January 2025
Mobile Streams plc
("MOS" or "the Company")
Exercise of Warrants, and Total Voting Rights ("TVR")
Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is pleased to announce the exercise of warrants by investors.
A total of 74,720,076 warrants have been exercised at 0.15p per share, and 68,666,667 at 0.3p per share, resulting in proceeds received of £318,080.
A total of 143,386,743 ordinary shares of 0.01p nominal value each ("Ordinary Shares") have been issued following these warrant exercises and therefore a total of 989,361,294 Ordinary Shares have now been issued pursuant to the exercise of warrants at 0.15p per share under the Block Listing Application announced on 3 October 2024.
Application will be made to the London Stock Exchange for admission of the 68,666,667 Ordinary Shares resulting from the issue of these 0.3p warrants to trading on AIM. It is expected that admission will become effective and dealings in these Ordinary Shares will commence at 8.00 a.m. on or around 21 January 2025.
Total Voting Rights
Following the issue of the Ordinary Shares as described above, the Company's issued share capital consists of 8,968,604,682 ordinary shares with a nominal value of 0.01p each, with voting rights. The Company does not hold any Ordinary Shares in Treasury.
Therefore, the 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.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulations (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon publication of this announcement, this inside information is now considered to be in the public domain.
For further information, please contact:
Mobile Streams plc
John Barker, Chairman
+44 7711 920865
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
Nominated Adviser Statement
Beaumont Cornish Limited ("Beaumont Cornish"), is the Company's Nominated Adviser and is authorised and regulated in the United Kingdom by the Financial Conduct Authority. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in the announcement or any matter referred to in it.