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Director/PDMR Shareholding

18 Oct 2018 07:00

RNS Number : 4061E
Audioboom Group PLC
18 October 2018
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18 October 2018

Β 

Audioboom Group plc

("Audioboom" or the "Company")

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Director/PDMR Shareholding

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Audioboom (AIM: BOOM), the leading spoken word audio on-demand platform, announces that on 17 October 2018, Michael Tobin OBE, non-executive Chairman of the Company, purchased a total of 250,000 ordinary shares in the Company at a price of 1.45 pence per ordinary share. Following this purchase, Michael Tobin holds 2,515,019 ordinary shares in the Company, representing approximately 0.21 per cent. of the Company's issued share capital.

Β 1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michael Tobin

2

Reason for the notification

a)

Position/status

Non-Executive Chairman

b)Β 

Initial notification /Amendment

Initial notification

3Β 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Audioboom Group plc

b)

LEI

213800QO681575J97813

4

Β 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

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Description of the financial instrument, type of instrument

Β 

Identification code

Ordinary shares of no par value in Audioboom Group plc

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Identification code (ISIN) for Audioboom Group plc ordinary shares: JE00B5NFKB77Β 

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b)

Nature of the transaction

Purchase of sharesΒ 

c)

Price(s) and volume(s)

Β Price(s)

Volume(s)

1.45 p

250,000

Β 

d)

Aggregated information

- Aggregated volume

- Price

Β 

n/a

e)

Date of the transaction

17 October 2018

f)

Place of the transaction

London Stock Exchange, XLON

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Enquiries

Audioboom Group plc

Rob Proctor, Chief Executive Officer

Tel: +44(0)20 7403 6688

Allenby Capital Limited (Nominated adviser and Joint Broker)

Tel: +44(0)20 3328 5656

David Hart /Alex Brearley/Asha Chotai

Novum Securities (Joint Broker)

Tel: +44(0)20 7399 9400

Colin Rowbury/Jon Belliss

Walbrook PR Limited (PR & IR Advisers)

Tel: +44(0)20 7933 8780

Paul Cornelius / Sam Allen

orΒ audioboom@walbrookpr.com

About AudioboomΒ 

Audioboom is a global podcasting platform that consolidates the business of on-demand audio, making content accessible, wide-reaching and profitable for podcasters, advertisers and brands. Audioboom operates internationally, with operations across North America, Europe, Asia and Australia, and addresses the issue of disparate podcast services by putting all of the pieces of the puzzle together under one umbrella, creating a user-friendly, economical experience.

Audioboom hosts over 14,000 content channels, with key partners including A+E Networks (US), Associated Press (US),Β Astonishing LegendsΒ (US),Β Casefile True CrimeΒ (AUS), Edith Bowman (UK),Β Felon True Crime PodcastΒ (AUS),Β F1:Beyond The Grid(UK), Jonathan Ross (UK),Β Moneycontrol PodcastΒ (India),Β No Such Thing As A FishΒ (UK), Red FM (India), Starburns Audio (US),Β The Cycling PodcastΒ (UK),Β The Totally Football ShowΒ (UK),Β The True Geordie PodcastΒ (UK) andΒ UndisclosedΒ (US).

Original content produced by Audioboom includesΒ The 45thΒ (US),Β CovertΒ (US),Β I Almost Knew That (India),Β The Psychology Behind with Dr Linda PapadopoulosΒ (UK),Β Ctrl Alt Win PodcastΒ (India),Β DeliberationsΒ (US),Β It's Happening with Snooki & JoeyΒ (US),Β MafiaΒ (US),Β Mission To ZyxxΒ (US),Β Night Call (US) andΒ The Russell Brand PodcastΒ (UK).

The platform receives over 60 million listens per month and allows partners to share their content via Apple Podcasts, BookMyShow, Deezer, Google Podcasts, iHeartRadio, RadioPublic, Saavn, Spotify, Stitcher, Facebook and Twitter as well as their own websites and mobile apps.

For more information, visit audioboom.com.

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
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