Member Info for bakerboy83

Hmm, given how this share normally performs on such news, I think this will tank today :(

I do hope so, I’ve been in BOOM since pre-consolidation, so experienced all the highs and lows this share has given over the years. So what is a few more days to wait for the end game :)

Up to 22 trading days left before we should get an update...

"The Company aims to announce the conclusion of the Strategic Review during the current quarter, ending 30 June 2026."

I honestly don't understand why people would sell this morning after the latest updates?!? Several chunky sells as well...

Would also be good to hear if they’ve managed to keep the SMA podcast, as iirc they had a break-clause in the Adelicious deal.

Only because NPR have dropped off Triton, so everyone moved up one place. You have to pay to be included in the Triton rankings, so it’s not a completely true representation of the podcast market.

Really low/quiet volumes today...

What is with all the 0 trades that have been logged the last few days?

It's also possible to transfer some shares to a spouse, to help reduce the CGT. I had to do this when the SS10 (61p option price) matured in 2015 at ~382p.

Unfortunately this time around I only had £60pm, as I liked to try and have 5 x £60 schemes on a yearly rolling basis. And they removed the ability to cancel a scheme and reinvest that money in a new [better option price] share save.

Currently BT doesn't offer any Share Saves schemes :( and this SS20 is the last one to mature.

“Podcast market in USA is now dominated by the big four - iHeart, NPR, Audacy and Audioboom who are way out in front.”

The you say the big four, but what about Wondery and Sirius who no longer pay to be included in the Triton rankings?

That looks like a delayed sale from Friday?

This is not new news, it was common knowledge that Altice was selling all of his 24.5% holding to Bharti.

It's already been posted here by alex1621.

Here's some of the internal comms on the various BT Share schemes that they operate.

How does UK saveshare work?

UK saveshare allows you to make monthly contributions of between £5 and £300 direct from net pay for three or five years (or both).

At the end of the savings period you have the choice to buy BT shares at the discounted offer price or get your money back. The offer price is fixed at a discounted price at the beginning of the plan – a 10% discount for the three year plan and a 20% discount for the five year plan.

DirectShare

Contribute between £10 and £1,800 each tax year. Contribute monthly and/or by lump sum. Contributions are from your gross salary (before income tax and national insurance contributions (statutory deductions) are taken). If you keep the shares in directshare for five years, when you sell them they're completely free from statutory deductions

YourShare

Yourshare is a discretionary share plan giving all eligible employees across the globe the opportunity to be shareholders in BT and benefit from the future success of the company.

In all cases, the shares can’t be sold for three years and will then be subject to tax/social security deductions. In the UK only, if you decide to keep the shares for five years or more then you won’t pay any tax or National Insurance (based on current HMRC rules).

You’ll be entitled to receive any future dividend paid by BT on the shares in your yourshare award.

BT stopped offering the SaveShare scheme due to costs. Apparently it was costing £40m per year to administer.

They also stopped the award of free shares after only 2 years of it being re-introduced by Philip.

I've also just received the same email response from BOO's IR regarding no TU for Jan :(

"HMRC rules permit staff to save £250/month maximum into SAYE schemes."

I'm sure this was increased to £500, but companies can impose their own limits. My employer (BT) has a limit of £300 per month, and it's regularly asked by employees if/when they will increase the limit. That said, currently BT have currently suspended future SAYE schemes :(

@MrBear, I don't think Mrs Bonnier is selling...

"Mrs. Nashida Islam-Bonnier signed a Power of Attorney effective 13 June 2023 in respect of 599,467 shares in favour of Eliot and Luther (Singapore) Pte Ltd. Communications regarding the required TR1 disclosure for Mrs. Nashida Islam-Bonnier have taken place since that date."

Https://www.eliotluther.com/post/second-update-to-audioboom-group-plc-15-february-2023-release

Wonder what happened to the 14% they said they had in March!

In the initial announcement they said they had 10%... so seems they have either lost holders, or never had as many as they first said when they tried the ramp back in Feb.