RCS - Mobile Streams plc - ChallengerX to commence first projects for MOS

Mobile StreamsAnnouncement

25/03/2025 13:00

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RNS Number : 0636C  Mobile Streams plc  25 March 2025

1.00pm 25(th) March 2025

 

Mobile Streams plc

("MOS" or "the Company")

 

ChallengerX to commence first projects for MOS

 

Mobile Streams Plc, the Company, is delighted to announce that it has
identified the first projects ChallengerX Plc (CXS) (Investors - ChallengerX
(https://challengerx.io/investors/) ) and its subsidiary NYCE
(www.nyceint.com) will work on under the agreement between MOS and CXS to
provide consultancy services. There work will commence on our portfolio of
Livescores sites and advising on optimising the growth of Mobilegaming.com
initially looking at affiliation services. ChallengerX will be assessing the
sites to ensure revenue is maximised.

MOS are also looking at the possibly of NYCE advising on maximising betting
conversion rates in its Mexican investment sports media business Estadio (
www.estadiodeportes.mx (http://www.estadiodeportes.mx) ). Ensuring industry
leading levels of conversion is a key focus of the Company as "Bet" is
launching to the public imminently.

This is a major focus for MOS, considering the RNS dated 20(th) March 2025
that stated MOS has agreed to purchase an additional 12.50%, in additional to
the 10% it already owns, with a call option to acquire a further 67.50%. If
called, would bring the Company's total holding in Capital Media Sports to
90%.

 

Mark Epstein CEO of Mobile Streams said:

"We are very happy to have identified key projects where CXS can utilise their
knowledge and understanding of the betting landscape to help MOS drive forward
quickly and efficiently. MOS is growing fast going from strength to strength
and we look forward to CXS helping us maximise that growth.

 

Farzad Peyman, CEO of ChallengerX said:

"It's great to be working with such a talented team at MOS. We cannot wait to
get started and help them maximise the significant opportunities in front of
them."

 

 

For further information, please contact:

 

Mobile Streams plc

John Barker, Chairman

+44 7711 920 865

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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Beaumont Cornish Limited, which is authorised and regulated in the United
Kingdom by the Financial Conduct Authority, is acting as nominated adviser to
the Company in relation to the matters referred herein. Beaumont Cornish
Limited is acting exclusively for the Company and for no one else in relation
to the matters described in this announcement and is not advising any other
person and accordingly will not be responsible to anyone other than the
Company for providing the protections afforded to clients of Beaumont Cornish
Limited, or for providing advice in relation to the contents of this
announcement or any matter referred to in it.

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