AUDIOBOOM GROUP PLC — Director's Dealing 2018

Oct 26, 2018

National Storage Mechanism | Additional information

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RNS Number : 2564F

Audioboom Group PLC

26 October 2018

26 October 2018

Audioboom Group plc

("Audioboom" or the "Company")

Director/PDMR Shareholding

Audioboom (AIM: BOOM), the leading spoken word audio on-demand platform, announces that on 25 October 2018, Michael Tobin OBE, non-executive Chairman of the Company, purchased a total of 544,881 ordinary shares in the Company at a price of 1.2531 pence per ordinary share. Following this purchase, Michael Tobin holds 3,059,900 ordinary shares in the Company, representing approximately 0.26 per cent. of the Company's issued share capital.

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) 

Initial notification /Amendment

Initial notification

3 

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

a)

Name

Audioboom Group plc

b)

LEI

213800QO681575J97813

4

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)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of no par value in Audioboom Group plc

Identification code (ISIN) for Audioboom Group plc ordinary shares:  JE00B5NFKB77 

b)

Nature of the transaction

Purchase of shares 

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1.2531 p	544,881

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

25 October 2018

f)

Place of the transaction

London Stock Exchange, XLON

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	or [email protected]

About Audioboom 

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), Astonishing Legends (US), Casefile True Crime (AUS), Edith Bowman (UK), Felon True Crime Podcast (AUS), F1:Beyond The Grid(UK), Jonathan Ross (UK), Moneycontrol Podcast (India), No Such Thing As A Fish (UK), Red FM (India), Starburns Audio (US), The Cycling Podcast (UK), The Totally Football Show (UK), The True Geordie Podcast (UK) and Undisclosed (US).

Original content produced by Audioboom includes The 45th (US), Covert (US), I Almost Knew That (India), The Psychology Behind with Dr Linda Papadopoulos (UK), Ctrl Alt Win Podcast (India), Deliberations (US), It's Happening with Snooki & Joey (US), Mafia (US), Mission To Zyxx (US), Night Call (US) and The Russell Brand Podcast (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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