Mobile Streams plc
Statement re share price movement
The Board of Mobile Streams plc (the "Company") notes the recent movement in the Company's share price on AIM. The Company has been notified by its auditors that it may have to make a provision within its accounts for a possible tax liability. The Board believes that the maximum liability will be no more than £300,000.
The Company expects to announce its full year results for the year ending 30 June 2012 in mid December.
The Company is currently trading ahead of management expectations and will give a more detailed update at the time of its full year results.
Enquiries:
Mobile Streams +1 646 812 4749
Simon Buckingham, CEO
N+1 Singer (Nominated Adviser & Broker):
Jonny Franklin-Adams
Matt Thomas
+44 (0) 20 7496 3000