3 Jan 2017 07:00
3 January 2017
Mobile Streams plc
("Mobile Streams" or the "Company")
(AIM: MOS)
Grant of options and PDMR dealing
Mobile Streams plc (AIM: MOS) today announces that on 31 December 2016 the Company granted options to the following PDMRs, as set out in the table below, and employees. These options, granted pursuant to the Company's existing Global Employees Share Option Plan 2006 were over a total of 500,000 ordinary shares of 0.2 pence each in the Company (the "Options") on the terms details below. The Options have an exercise price of 5 pence each.
Name | Position | No. of options granted | Exercise price (p) | Total no. of options now held | Total no. of options now held as a %age of the current issued share capital |
Enrique Benasso | CFO | 35,000 | 5 | 285,000 | 0.31% |
Pedro Rosillo | President | 175,000 | 5 | 990,000 | 1.08% |
The Options granted vest on the first, second and third anniversaries of the date of grant in three approximately equal tranches respectively and are exercisable from the first anniversary of the grant date until the tenth anniversary.
Following the grant of the Options the total number of ordinary shares in the Company under option is 4,500,825 representing 4.91% of the current issued share capital.
Enquires:
Mobile Streams
Simon Buckingham, Chief Executive Officer +1 646 812 4749
Enrique Benasso, Chief Financial Officer
N+1 Singer (Nominated Adviser and Broker)
Alex Price +44 20 7496 3000
Alex Laughton Scott
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a)
| Name
| Enrique Benasso |
2
| Reason for the notification
| |
a)
| Position/status
| PDMR (CFO) |
b)
| Initial notification /Amendment
| Initial notification |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| Mobile Streams plc |
b)
| LEI
| N/A |
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 0.2 pence each
GB00B0WJ3L68 |
b)
| Nature of the transaction
| Grant of options to acquire shares
|
c)
| Price(s) and volume(s)
|
35,000 options to acquire ordinary shares all at 5 pence per share
|
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A |
e)
| Date of the transaction
| 31 December 2016 |
f)
| Place of the transaction
| Outside a trading venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a)
| Name
| Pedro Rosillo |
2
| Reason for the notification
| |
a)
| Position/status
| PDMR (President) |
b)
| Initial notification /Amendment
| Initial notification |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| Mobile Streams plc |
b)
| LEI
| N/A |
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 0.2 pence each
GB00B0WJ3L68 |
b)
| Nature of the transaction
| Grant of options to acquire shares
|
c)
| Price(s) and volume(s)
|
175,000 options to acquire ordinary shares all at 5 pence per share
|
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A |
e)
| Date of the transaction
| 31 December 2016 |
f)
| Place of the transaction
| Outside a trading venue |
Mobile Streams (MOS)