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Market Cap: £100.98m
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Clarification on CEO comments

17 Dec 2015 11:42

RNS Number : 4245J
Audioboom Group PLC
17 December 2015
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Audioboom Group plc

(the "Company" or "Audioboom")

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Clarification on CEO comments

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In a recent interview, which has since been broadcast as a podcast, Audioboom's Chief Executive Officer, Rob Proctor, made reference to a new content deal and adviser related matters which would be announced next Monday.

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No further details about the deal or content partner were disclosed. Although the Board would not expect any such announcement to be of itself price-sensitive, the Company wishes to update the market that the comment was made.

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The Company expects to make a further announcement early next week.

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Audioboom Group plc

www.audioboomplc.com

Rob Proctor, Chief Executive Officer

David McDonagh, Chief Financial Officer

Tel: 020 7403 6688

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Arden Partners plc - NOMAD and Broker

Tel: 020 7614 5900

Chris Hardie/Ciaran Walsh, Corporate Finance

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Walbrook PR

Tel: 020 7933 8780 orΒ audioboom@walbrookpr.com

Sam Allen / Paul McManus

Mob: 07884 664 686 / Mob: 07980 541 893

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About Audioboom (www.audioboom.com)

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Audioboom is the leading spoken-word audio platform for hosting, distributing and monetising content. Audioboom works with 2,400 broadcasters, content creators and podcasters around the world - including Cumulus, the BBC, the Telegraph, Sky Sports, the Premier League, Associated Press, The Sun, NBC Sports Radio, Undisclosed, Global and Bauer - hosting almost 7,000 content channels.

Audioboom's hosting and distribution platform allows partners to embed, share via social channels and re-syndicate their content. Audioboom content receives more than 30m listens per month, and growing. Additionally, Audioboom works with its partners to monetise their audio via live in-reads, the dynamic insertion of pre and post roll audio adverts, and video ads.

This information is provided by RNS
The company news service from the London Stock Exchange
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