Director Appointment

Mobile Streams plc

23 October 2024

 

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

[phone]

www.mobilestreams.com

Beaumont Cornish (Nominated Adviser)

James Biddle and Roland Cornish

[phone]

Peterhouse Capital Limited (Broker)

Lucy Williams, Duncan Vasey and Eran Zucker

[phone]

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.

 

END