RE: Price23 Mar 2026 15:49
Hi Willy,
This is what we are led to believe (see below) which I refer to. Also to note is that I commented nothing may be the outcome, again not what we want.
"On 3 October 2025 and in response to media speculation, the Board of Audioboom Group PLC ("Audioboom" or the "Company") announced that it was undertaking a strategic review which may include, as a possible outcome, a sale of the Company (the "Strategic Review").
The Company has appointed J Goodwin & Co LLP and Rockefeller Capital Management LLC as its financial advisers (together, the "Advisers") to conduct the Strategic Review and engage with industry peers and media companies to explore commercial and strategic partnerships which will maximise shareholder value. The objective of the Strategic Review is to accelerate Audioboom's growth by building on its proven, scaleable and profitable business model and to capitalise on its position as global leader in podcasting.
Possible outcomes of the Strategic Review may include new investment to fund further acquisitions, a substantial acquisition or reverse takeover, a sale of either the Company's US or UK businesses or a sale of the entire issued and to be issued share capital by way of an offer under the City Code on Takeovers and Mergers (the "Code")."
Following the announcement of the Strategic Review, a number of interested parties have been in contact with the Company and, accordingly, the Advisers are now engaged in preliminary discussions with them. All such discussions are at an early stage and the Company is inviting proposals to be made to the Company's Board, including from possible offerors, over the next few weeks.