Last checked at 6 Apr 2017 10:37
6 April 2017
Audioboom Group plc
("Audioboom" or the "Company")
Result of Extraordinary General Meeting
Audioboom Group plc (AIM:BOOM), the leading spoken word audio on-demand platform, is pleased to announce that all resolutions proposed at the Extraordinary General Meeting of the Company held today were duly passed.
Application has been made for 149,253,698 ordinary shares ("Second Admission Shares"), which will rank pari passu with the existing ordinary shares in the Company, to be admitted to trading on AIM. Admission in respect of the Second Admission Shares is expected to occur at 8.00 a.m. on 7 April 2017, following which the total number of ordinary shares and voting rights in the Company will be 896,551,689. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
Audioboom Group plc | +44 (0)20 7403 6688 |
Rob Proctor, Chief Executive Officer | |
David McDonagh, Chief Financial Officer | |
Allenby Capital Limited (Nominated adviser and broker) | +44 (0)20 7167 6433 |
David Hart/James Thomas/Asha Chotai | |
Walbrook PR Ltd (PR & IR Advisors) | +44 (0)20 7933 8780 |
Paul Cornelius/ Sam Allen | or audioboom@walbrookpr.com |
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, NewsCorp, Associated Press, NBC Sports Radio, Undisclosed and Global ‐ hosting more than 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 receives approximately 50m unique file requests 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.