REG - Mobile Streams plc - Director Appointment

Mobile StreamsAnnouncement

23/10/2024 07:00

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RNS Number : 2061J  Mobile Streams plc  23 October 2024

23 October 2024

 

Mobile Streams plc

("MOS" or "the Company")

 

Director Appointment

 

The Company is pleased to announce the appointment of Stefano Loreti, 53, as a
Non-Executive Director of the Company with immediate effect.

 

Stefano has over 27 year of investment experience at institutional level and
is currently a Partner at Goldentree Asset Management, a $55 billion hedge
fund and global asset manager with investments across the world. Before
joining Goldentree in 2018 Stefano served as Partner at Hayfin Capital, a $31
billion global investment manager and also run, in senior roles, investment
books in a number of other asset managers and banks across several cycles.

 

Stefano is also a serial investor in start-ups and growing companies and
currently serves as Executive Director on the Board of Directors of Financial
Guaranty UK Ltd, a regulated UK insurance company and on the Board of Advisors
of Keo World, a leading B2B digital lender with operations in Mexico and
Brazil.

 

Stefano graduated cum laude in Economics at the Luiss G Carli University of
Rome and is a qualified chartered accountant.

 

In accordance with obligations under the AIM Rules Schedule 2(g), Stefano
Loreti, holds or has held the following directorships in the previous five
years:

 

 Current directorships               Past directorships
 Goldentree Asset Management UK LLP  N/A

 Keo World

 Financial Guaranty UK Ltd

 

Stefano Loreti:

 

"I am delighted to be joining the board of Mobile Streams Plc. This is an
exciting time for the business and I look forward to helping the Company grow
and prosper."

 

Mark Epstein, CEO Mobile Streams Plc:

 

"We are extremely pleased that Stefano is joining the board. To have someone
of his experience, knowledge and ability will help us enormously. I look
forward to working with him as we grow the business."

 

Stefano holds 312,605,042 Ordinary Shares in the Company representing
approximately 3.75% of the issued share capital.

 

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

 

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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