Audioboom Grp. Regulatory News (BOOM)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

AUDIOBOOM GROUP PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

X

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

Kingsley Duffy

4. Full name of shareholder(s)  (if different from 3.):iv

Slovar Limited

Vidacos Nominees Limited

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

An event changing the breakdown of voting rights - 23 March 2017

Acquisition of voting rights - 10 May 2017

6. Date on which issuer notified:

2 June 2017

7. Threshold(s) that is/are crossed orreached: vi, vii

6 per cent

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary Shares

43,823,649

43,823,649

48,450,112

48,450,112

-

5.2

-

ISIN Code: JE00B5NFKB77

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

N/A

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

48,450,112

5.2

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Kingsley Duffy owns 100% of the shares in Slovar Limited ("Slovar"). Slovar holds 4,626,463 in own name and 43,823,649 are held via Vidacos Nominees Limited

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

14. Contact name:

Kingsley Duffy

15. Contact telephone number:

020 7664 7838