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RNS
Mobile Streams plc  -  MOS   

Grant of options and PDMR Dealing

Released 07:00 03-Jan-2017

RNS Number : 1268T
Mobile Streams plc
03 January 2017
 

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

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Grant of options and PDMR Dealing - RNS