Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is delighted to announce it has signed two key partners to help expand its portfolio of NFT licences and to grow the revenue opportunities from the recently announced PUMAS transaction.
The partnerships with the two agencies, PAS Kisisel Asistanlik Hizmetleri Ltd and Andrea Olmedo Lopez will assist in progressing an additional 30 active deals in the MOS NFT licence pipeline to an advanced stage. They will also identify and assist in finding new opportunities. Additionally, they will help in the process of driving additional revenues from the PUMAS deal and provide on the ground assistance to help MOS in Mexico.
MOS has negotiated to pay these agencies in shares rather than cash so that all partners are aligned in value creation for MOS shareholders and to ensure that MOS keeps a strong cash position as recently announced. The amount each agency will receiving are as follows:
* The shares are being issued at 0.29p, the average share price over the past 3 months
The shares are subject to a 12 month lockup and an orderly marketing agreement for the 12 months thereafter.
Application has been made for admission of the 172,413,792 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 15 July 2022.
Total Voting Rights
Following the issue of the Consideration Shares as described above, the Company’s issued share capital consists of 3,463,438,699 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.
Mark Epstein, CEO, commented:
“We look forward to working on both the existing pipeline of NFT licences and future opportunities with both PAS Kisisel Asistanlik Hizmetleri Ltd and Andrea Olmedo Lopez. Following the recent contract win PUMAS, and with the support of our partners, we are now very well positioned to grow our presence in the Web 3.0 content, digital merchandise and NFT space.”
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.
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 partnership with IGS (International Gaming Systems). 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
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