23 October 2024
Mobile Streams
plc
("MOS" or
"the Company")
Director
Appointment
The Company is pleased to announce the
appointment of Stefano Loreti, 53, as a Non-Executive Director of
the Company with immediate effect.
Stefano has over 27 year of investment
experience at institutional level and is currently a Partner at
Goldentree Asset Management, a $55 billion hedge fund and global
asset manager with investments across the world. Before joining
Goldentree in 2018 Stefano served as Partner at Hayfin Capital, a
$31 billion global investment manager and also run, in senior
roles, investment books in a number of other asset managers and
banks across several cycles.
Stefano is also a serial investor in start-ups
and growing companies and currently serves as Executive Director on
the Board of Directors of Financial Guaranty UK Ltd, a regulated UK
insurance company and on the Board of Advisors of Keo World, a
leading B2B digital lender with operations in Mexico and
Brazil.
Stefano graduated cum laude in Economics at the
Luiss G Carli University of Rome and is a qualified chartered
accountant.
In accordance with obligations under
the AIM Rules Schedule 2(g), Stefano Loreti, holds or has held the
following directorships in the previous five years:
|
Current directorships
|
Past directorships
|
|
Goldentree Asset Management UK
LLP
Keo World
Financial Guaranty UK Ltd
|
N/A
|
|
|
|
Stefano Loreti:
"I am delighted to be joining the
board of Mobile Streams Plc. This is an exciting time for the
business and I look forward to helping the Company grow and
prosper."
Mark Epstein, CEO Mobile Streams
Plc:
"We are extremely pleased that
Stefano is joining the board. To have someone of his experience,
knowledge and ability will help us enormously. I look forward to
working with him as we grow the business."
Stefano holds 312,605,042 Ordinary
Shares in the Company representing approximately 3.75% of the
issued share capital.
There is no further information to
be disclosed pursuant to Schedule 2(g) of the AIM Rules for
Companies.
This
announcement contains inside information for the purposes of
Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it
forms part of UK Domestic Law by virtue of the European Union
(Withdrawal) Act 2018. Upon the publication of this announcement,
this inside information is now considered to be in the public
domain.
For further information, please
contact:
Mobile Streams plc
Nigel Burton, Non-Executive Director
+44 77 8523 4447
www.mobilestreams.com
Beaumont Cornish (Nominated Adviser)
James Biddle and Roland
Cornish
+44 (0) 20 7628 3396
Peterhouse Capital Limited (Broker)
Lucy Williams, Duncan Vasey and Eran
Zucker
+44 (0) 20
7469 0930
Beaumont
Cornish Limited, which is authorised and regulated in the United
Kingdom by the Financial Conduct Authority, is acting as nominated
adviser to the Company in relation to the matters referred herein.
Beaumont Cornish Limited is acting exclusively for the Company and
for no one else in relation to the matters described in this
announcement and is not advising any other person and accordingly
will not be responsible to anyone other than the Company for
providing the protections afforded to clients of Beaumont Cornish
Limited, or for providing advice in relation to the contents of
this announcement or any matter referred to in
it.