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Mobile Streams plc to Acquire Remaining Stakes in Estadio Gana, Capital Media Sports

MT Newswires·12/22/2025 05:38:32
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05:38 AM EST, 12/22/2025 (MT Newswires) -- Mobile Streams plc (MOS.L) plans to acquire the remaining stakes it does not own in Estadio Gana and Capital Media Sports to create a leading integrated sports, media and entertainment conglomerate focused on Latin America. The sports entertainment group signed a deal to acquire a 75.2% stake it does not own in Estadio Gana through a reverse takeover transaction, according to a Monday filing. Upon completion and the conversion of convertible loan notes in the target, Mobile Streams will acquire 51.60% of Estadio Gana, for a total of 31.9 million pounds sterling. It will fund the purchase by issuing 5,102,741,987 shares at 0.00625 pound each. The company will also acquire the remaining 77.5% of Capital Media Sports it does not already own for a total of 2.9 million pounds through the issuance of 584,200,211 shares at 0.00495 pound each.