Options Granted

RNS Number : 5173D

Mobile Streams plc

23 March 2011

 



Mobile Streams plc

Options Granted

London - (AIM: MOS) - 23 March 2011.

The Board of Mobile Streams plc (the "Company") announces that today, the Company granted under its option schemes, 250,000 options over ordinary shares to Roger Parry, Chairman, and 250,000 options over ordinary shares to Gabriel Margent, a director (the "Options").

The Options shall vest as follows:

·     33.3% vest on the First Anniversary of the grant of Options

·     66.6% vest on the Second Anniversary of the grant of Options

·     100% vest on the Third Anniversary of the grant of Options

The Options are exercisable at £0.3430 per share.

Following the grant of the Options, Roger Parry holds 181,183 shares, representing 0.50% of the Company's total voting rights and 939,655 options in the Company. Gabriel Margent does not currently hold any shares in the Company but holds 250,000 options.

-ends

Enquires:

Mobile Streams                                                           [phone]

Simon Buckingham, Chief Executive Officer            

Gabriel Margent, Director

Victoria Tayler, Public Relations Manager                  [phone]

Nominated Adviser

Grant Thornton UK LLP                                              [phone]

Philip Secrett

Broker

Singer Capital Markets Limited                                   [phone]

Jeff Keating

 

END

 

 

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