Audioboom Grp. Regulatory News (BOOM)

(a) Full name of discloser:

All Active Asset Capital Ltd

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

All Active Asset Capital Ltd

(d) Is the discloser the offeror or the offeree?

OFFEROR

(e) Date position held:

The latest practicable date prior to the disclosure

30 July 2021

(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state "N/A"

YES

OPD interests have also been disclosed re interests in the offeree

Class of relevant security:

Ordinary Shares of no par value

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

(2) Cash-settled derivatives:

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

TOTAL:

nil

nil

Class of relevant security in relation to which subscription right exists:

Ordinary Shares of no par value

Details, including nature of the rights concerned and relevant percentages:

nil

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

Rodger Sargent, an executive director of All Active Asset Capital Limited ('AAA') holds:

4,500,000 AAA Shares with a further 600,000 AAA Shares being held by a close relative amounting to 5,100,000 AAA Shares representing c.0.5% of the AAA shares in issue;

4,500,000 options to subscribe for AAA Shares at a price of 2.5p. This option expires 30 days after the holder ceases to be in possession of price sensitive information; and

pursuant to the terms of his appointment as a director, an entitlement to be granted in due course 21,000,000 options to subscribe for AAA Shares at a price of 2.5p.

James Normand, chairman of AAA, pursuant to the terms of his appointment as a director is entitled to be granted in due course 5,100,000 options to subscribe for AAA Shares at a price of 3.5p.

Colin McQuade, a non executive director of AAA, pursuant to the terms of his appointment as a director, is entitled to be granted in due course 12,000,000 options, at an exercise price of 15p.

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

none

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

none

Supplemental Form 8 (Open Positions)

NO

Supplemental Form 8 (SBL)

NO

30 July 2021

David Floyd

Egremont Capital Ltd (adviser to offeror)

+44 (0) 203 697 9496