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Update on Director information

21 Feb 2012 08:33

RNS Number : 7956X
Mobile Streams plc
21 February 2012
 



Mobile Streams plc ("Mobile Streams" or the "Company")

 

Update on Director information

 

 

Pursuant to AIM Rule 17, the Company announces an update to a directorship held by Roger Parry, Chairman of the Company.

 

On 9 December 2011, Media Square plc, a company of which Mr Parry was a director, was placed into administration. The administrators sold the business and assets of Media Square plc to a new vehicle, MSQ Partners Limited, of which Mr Parry is also a director. As a result of the transaction, Media Square plc will have no trading business, and it is therefore the administrator's intention that Media Square plc exit administration and be dissolved as appropriate. Creditors will be paid in full with the exception of the loans outstanding to Media Square plc's bank. There will be no return to Media Square plc's shareholders. Mr Parry was appointed as a director of Media Square plc on 2 July 2007 and ceased to be a director on 9 December 2011.

 

 

Enquiries:

 

Mobile Streams

Simon Buckingham, Chief Executive Officer

Gabriel Margent, Chief Financial Officer

 

+1 877 428 0448

Victoria Tayler, Public Relations Manager

+41 79 4301915

Nominated Adviser and Broker

Singer Capital Markets Limited

Jonathan Marren

 

+44 (0)20 3205 7500

 

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