RE: After every storm there is a rainbow25 Sep 2024 10:29
GB. Interesting post.
Not sure how all this works but it seems there was an RNS regarding bank of Singapore some time ago relating to shares.
Surely BOOM would have to announce any change in ownership if this was the case?
RNS Number : 0616G
Audioboom Group PLC
25 March 2022
25 March 2022
Audioboom Group plc
("Audioboom", the "Group" or the "Company")
PDMR/PCA Dealing
Audioboom (AIM: BOOM), the leading global podcast company, announces that it has been notified that, on
24 March 2022, Candy Ventures SARL entered into a facility agreement pursuant to which 1,997,602 shares in the Company have been pledged under a security interest agreement entered into with Bank of Singapore Limited. Candy Ventures SARL remains the beneficial owner of the shares, subject to the pledge, and retains full voting rights attaching to the shares. Candy Ventures SARL is a person closely associated with Steven Smith, a non-executive director of the Company, who is a person discharging managerial responsibilities.