REG - Mobile Streams plc - Issue of shares to NFT partners, TVR, Q4 revenues

Mobile StreamsAnnouncement

28/02/2023 07:01

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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                               0.2711               30,483,696        to 27/2/25  to 27/2/26

                           £82,645
 Gaby López                                            0.1899                 4,501,576       to 27/2/24  to 27/2/24

                           £8,547
 Victor Omar Garcia Morin                              0.1899              45,015,806         to 27/2/24  to 27/2/24

                           £85,470
 Jorge Kuri Aziz                                       0.1899              22,507,903         to 27/2/24  to 27/2/24

                           £42,735

 

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 (http://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

 

 

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