Welcome to the new morningstar.co.uk! Learn more about the changes and how our new features help your investing success.

iWeb Sharedealing Acquires 6% Stake In Mobile Streams

(Alliance News) - Mobile Streams PLC said iWeb Sharedealing held a 6.2% stake in the mobile ...

Alliance News 11 September, 2019 | 6:46PM
Email Form

(Alliance News) - Mobile Streams PLC said iWeb Sharedealing held a 6.2% stake in the mobile entertainment content provider after a transaction on Wednesday.

Following the deal, iWeb Sharedealing held 8.8 million Mobile Streams shares, having held no shares previously.

On Wednesday last week, Mobile Streams announced plans to seek shareholder approval to cancel listing of shares on London's junior AIM market and re-register as a private limited company.

Mobile Streams will hold a general meeting on September 30 for shareholders to vote on the proposal.

Shares in Mobile Streams closed down 19% at 0.11 pence in London on Wednesday.

By Anna Farley; annafarley@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

Email Form

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Mobile Streams PLC 0.13 GBX -28.57 -

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites