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Mobile Streams plc – Trading Statement

Following the recent reductions in revenue, particularly in India, Mobile Streams has undertaken a comprehensive cost-cutting exercise, resulting in a significant reduction in headcount, rationalisation of the Company’s main operating centre in Argentina as well as reducing operating expenditure in the UK, US and India.

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Mobile Streams plc – Subscription to raise funds

Mobile Streams plc (AIM:MOS), the emerging markets focused mobile media company, is pleased to announce a fundraising of £105,329 (before expenses) through the issue of 9,159,000 new ordinary shares of £0.002 per share by way of a subscription at 1.15 pence Subscription Share. The Subscription Price represents a discount of approximately 17.9 per cent. to the closing bid price of price of 1.40 pence per share on 19 April 2018.

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RISK WARNING