Business
First Day of Trading
First Day of Trading.
About this update from Gana Media Group Plc
[{"type":"text","content":"\n Mobile Streams plc\n15 February 2006\n\n\n15 February 2006\nEmbargoed for release at 8.00am on 15 February 2006\n\n\n\n Mobile Streams plc\n\n FIRST DAY OF DEALINGS ON AIM\n\nThe Board of Mobile Streams plc ('Mobile Streams' or 'the Company'), a provider\nof media entertainment services to mobile devices, announces that the Company's\nshares have today been admitted to trading on the AIM market ('AIM'). The\nCompany's ticker is 'MOS'.\n\n6,896,551 new ordinary shares have been allocated to institutional investors at \na price of 87 pence per share (the 'Placing Price'), raising approximately £6 \nmillion for the Company before expenses. In addition, certain of the existing \nshareholders in Mobile Streams have sold 1,076,250 shares in the placing. On \nadmission to AIM a total of 32,253,855 ordinary shares were in issue\ncapitalising the Company at approximately £28 million at the Placing Price.\n\nBridgewell is the Company's nominated adviser and broker.\n\nEnquiries:\n\nMobile Streams\nSimon Buckingham, CEO / Jitesh Sodha, CFO 07000 366366\n\nBridgewell\nJohn Craven / Simon Bridges / David Sanders 020 7003 3000\n\nBrunswick Group\nTim Burt / Fiona Laffan / Laura Cummings 020 7404 5959\n\n\nNOTES TO EDITORS\n\nCompany Overview\n\nMobile Streams is a leading provider of music, comedy, sport and entertainment\ncontent to handsets and other wireless devices, whose mobile expertise and\ndistribution platform is used globally by some of the world's largest media\ngroups and mobile phone networks including Vodafone, and 3 in the UK, America\nMovil, Movistar & TIM in Latin America, Fido & Rogers in Canada and Dobson in\nthe US.\n\nMobile Streams' dedicated in-house team is expert in the creation, design and\nlicensing of premium content and supplies a continuous flow of new, innovative\nservices and concepts to the mobile market. Many of these are accessible by\nvisiting www.Ringtones.com, www.MobileGaming.com or www.Mobilebackgrounds.com.\n\nMusia is a next generation platform for next generation content, owned and\ndeveloped from scratch by Mobile Streams. Its CRM capability allows local teams\nto access and respond to consumers' content preferences, while also enabling\nglobal economies of scale and scope.\n\nMobile Streams has subsidiaries in the US, Argentina, Brazil, Mexico, Chile and\nColombia and has approximately...