Mobile Streams Announces Warrant Exercises
Why we think this is neutral
The RNS announcement indicates a routine regulatory update regarding the exercise of warrants by investors, resulting in the issuance of new ordinary shares. This appears to be a non-material event with no significant positive or negative implications for the company's operations or financial performance.
Key Points
- A total of 69,920,633 new ordinary shares have been issued following the exercise of warrants
- Warrants were exercised at 0.3p and 0.15p per share, resulting in £135,047 in proceeds
- The new shares will be admitted to trading on AIM
- The total number of ordinary shares in issue is now 9,486,562,793
Summary
The technology company has announced the exercise of warrants, resulting in the issuance of new shares.
Mobile Streams Plc, the AIM quoted mobile content and data intelligence company, has announced the exercise of warrants by investors. A total of 69,920,633 new ordinary shares have been issued following the exercise of warrants at 0.3p and 0.15p per share, resulting in proceeds of £135,047 for the company. The new shares will be admitted to trading on AIM.
GENERAL UPDATE