Directorate Change

RNS Number : 9295G

Mobile Streams plc

12 June 2013

 

Mobile Streams plc

Appointment of CFO

13^th June 2013

Mobile Streams plc (AIM: MOS) (the "Company" or "Mobile Streams"), today announces that Gaston Cerf has joined the board of the Company as Chief Financial Officer with immediate effect.

Mr. Cerf holds a BA in economics and is based in the Company's Argentina office, reporting to the Company's CEO. Prior to joining the Company, Mr. Cerf has more than 28 years experience in the corporate finance industry, working for companies such as Citibank and The Carrefour Group, where he held finance positions in Argentina, UK and France.

Commenting, Gaston Cerf said: "I am delighted to be joining Mobile Streams as CFO. I was impressed with the Company's track record as well as its strong future potential."

Commenting, Simon Buckingham, CEO of Mobile Streams said: "We are delighted that Gaston has joined the Company as CFO. Gaston is a highly experienced and accomplished finance professional."

Disclosures required pursuant to paragraph (g) of Schedule 2 of the AIM Rules are as follows:

Gaston Edgar Cerf, aged 52, currently holds, and has during the last five years immediately preceding the date of this announcement held, the following directorships or partnerships:

Current                                                Previous

None                                                    Centurion Management Services Ltd

                                                             Dart Services Sur S.A

There are no further matters to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules.

Gaston Cerf was today granted 250,000 stock options at an exercise price of 61pence, being the average price over the past five trading days. Per the Company's stock option program, these options will vest over a three-year period, with a third vesting after 12 months, 24 months and then 36 months from the grant date.

Enquires:

Mobile Streams                                                                         [phone]

Simon Buckingham, Chief Executive Officer

Nominated Adviser and Broker

N+1 Singer                                                                                [phone]

Jonny Franklin-Adams/ Matt Thomas

 

END

 

 

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