3 Oct 2016 07:00
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3 October 2016
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Audioboom Group plc
(the "Company")
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Strategic investment discussions update
On 5 August 2016, the Company announced that it was in discussions with a Chinese fund for a strategic investment of up to US$8 million and expected a formal agreement to be entered into by the end of September 2016. The Company wishes to advise that whilst a formal agreement with the Chinese fund has not yet been reached in the timeframe originally envisaged, discussions remain active. The Company will provide a further update in due course.
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Enquiries:
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Audioboom Group plc | |
Rob Proctor, Chief Executive Officer | Tel: +44 (0)20 7403 6688 |
David McDonagh, Chief Financial Officer | |
Liberum (NOMAD and Broker) | Tel: +44 (0)20 3100 2222 |
Neil Patel / Richard Bootle | |
Hudson Sandler | |
Cat Valentine | Tel: +44 (0)20 7796 4133 |
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Audioboom Grp. (BOOM)