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Options Granted

23 Mar 2011 17:36

RNS Number : 5173D
Mobile Streams plc
23 March 2011
 



Mobile Streams plc

 

Options Granted

 

London - (AIM: MOS) - 23 March 2011.

 

The Board of Mobile Streams plc (the "Company") announces that today, the Company granted under its option schemes, 250,000 options over ordinary shares to Roger Parry, Chairman, and 250,000 options over ordinary shares to Gabriel Margent, a director (the "Options").

 

The Options shall vest as follows:

 

·; 33.3% vest on the First Anniversary of the grant of Options

·; 66.6% vest on the Second Anniversary of the grant of Options

·; 100% vest on the Third Anniversary of the grant of Options

 

 

The Options are exercisable at £0.3430 per share.

 

Following the grant of the Options, Roger Parry holds 181,183 shares, representing 0.50% of the Company's total voting rights and 939,655 options in the Company. Gabriel Margent does not currently hold any shares in the Company but holds 250,000 options.

 

 

 

 

-ends

 

Enquires:

 

Mobile Streams +1 917 751 9942

Simon Buckingham, Chief Executive Officer

Gabriel Margent, Director

Victoria Tayler, Public Relations Manager +41 79 4301915

 

Nominated Adviser

Grant Thornton UK LLP +44 (0)20 7383 5100

Philip Secrett

 

Broker

Singer Capital Markets Limited +44 (0)20 3205 7500

Jeff Keating

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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