Last checked at 16 Mar 2017 07:00
16 March 2017
Audioboom Group plc
("Audioboom" or the "Company")
Correction to Director Appointment Announcement
Audioboom (AIM: BOOM) announces that, further to the announcement of 5 August 2016 in relation to the appointment of Steven Smith as a director of the Company, the announcement omitted certain information on his directorships.
Accordingly, the directorship information on Steven Smith included in the announcement of 5 August 2016 provided pursuant to AIM Rule 17 should have read as follows:
Current directorships: | Blippar.com Limited |
| Warsmith Limited |
| Hanzo Archives Limited |
| The Nicholls Spinal Injury Foundation |
| Hunscote Strategic Consultants Limited |
| Hunscote Stud Limited |
| Reef Securities Limited |
| Amity Events Limited |
| Eaton Investments Limited |
| SMS Investments Limited |
| Candy Ventures sarl |
| Arctic Shores Limited |
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Previous directorships (past 5 years): | CPC Group Limited |
| Candy and Candy Limited |
| CPC Aviation Limited |
| Omni Capital Property Finance Limited |
| Omni Capital Retail Finance Limited |
| Fortwell Capital Limited |
| Maker Offices Limited |
| Risc Management Limited |
| 21 Chesham Place Limited |
| Manresa Developments Limited |
| Project Lateral Limited |
Steven Smith was appointed as a director of Photobition Group Plc on 1 November 1996 and resigned as a director on 12 October 2001. On 31 October 2001, an administrative receiver was appointed to Photobition Group Plc and the company was then subsequently dissolved on 15 July 2014.
Steven Smith was also appointed as a director of several subsidiary companies within the Photobition Group, each of which he resigned as a director from on 12 October 2001, and each of which subsequently entered into creditors' voluntary liquidation proceedings. Further details of those directorships and proceedings are set out below:
Directorship | Appointment date | Appointment of liquidator for creditors' voluntary liquidation |
Photobition International (No.1) Limited | 27 November 1998 | 31 October 2001 |
Photobition International (No.2) Limited | 27 November 1998 | 31 October 2001 |
Photobition Overseas Limited | 11 February 1999 | 31 October 2001 |
Graphics Realisations (Holdings) Limited | 14 June 1999 | 1 November 2001 |
Graphics Realisations (Investments) Limited | 28 June 1999 | 31 October 2001 |
GLG Holdings Limited | 2 October 2000 | 1 November 2001 |
Graphic Realisations (CPL) Limited | 31 July 2001 | 2 November 2001 |
Warrens Holdings Limited | 1 January 2001 | 13 November 2001 |
Graphics Realisations (Media) Limited | 10 December 1999 | 20 November 2001 |
Steven Smith was also appointed as a director to two further subsidiaries of Photobition Group Plc, each of which he resigned as a director from on 12 October 2001, and each of which subsequently entered into compulsory liquidation proceedings. The details of these directorships were:
· Appointed to Graphics Realisations (BS) Limited on 10 December 1999, which was subject to an administration order on 9 July 2002; and
· Appointed to Gardiner Laminating Limited on 2 October 2000, which was subject to an order to wind-up on 7 October 2002.
Steven Smith was also appointed as a director of Equinox Special Project Limited on 12 December 2001 and resigned as a director on 16 September 2002. On 12 February 2003, a creditors' voluntary liquidation process commenced with the appointment of a liquidator.
Steven Smith was also appointed as a director of Risc Management Limited on 13 October 2005 and resigned as a director on 24 May 2013. The company entered administration on 21 January 2014 and was subject to a creditors' voluntary liquidation on 2 December 2014. The liquidators appointed expect to make a distribution to unsecured creditors, although they are unable to confirm the amount or timing. The liquidators are currently in receipt of claims from unsecured creditors of £511,436.
Enquiries:
Audioboom Group plc |
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Rob Proctor, Chief Executive Officer | Tel: +44 (0)20 7403 6688 |
David McDonagh, Chief Financial Officer |
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Liberum (NOMAD and Broker) | Tel: +44 (0)20 3100 2222 |
Neil Patel / Richard Bootle |
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Hudson Sandler |
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Nick Lyon / Jocelyn Spottiswoode
| Tel: +44 (0)20 7796 4133 |
About Audioboom
Audioboom is the leading spoken‐word audio platform for hosting, distributing and monetising content.
Audioboom works with more than 3,000 active broadcasters, content creators and podcasters around the world ‐ including Cumulus, the BBC, Associated Press, NBC Sports Radio, Undisclosed and Global ‐ hosting approximately 10,000 content channels.
Audioboom's hosting and distribution platform allows partners to embed, share via social channels and re‐syndicate their content. Audioboom content currently receives approximately 50m unique file requests per month, and growing. Additionally, Audioboom works with its partners to monetise their audio via live host read, the dynamic insertion of pre and post roll audio adverts, and video ads.