AI assistant
AUDIOBOOM GROUP PLC Remuneration Information 2021
7504_def-14a_2021-03-19_6804df47-56d6-416c-af33-b9ad546cc04d.html
Remuneration Information
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information 
RNS Number : 7867S
Audioboom Group PLC
19 March 2021
19 March 2021
Audioboom Group plc
("Audioboom" or the "Company")
Grant of share options
The Board ("Board") of Audioboom (AIM: BOOM), the leading global podcast company, announces that it has today granted the following options to subscribe for new ordinary shares in the Company ("Options") to certain of its directors:
| Director | Position | Options granted | Exercise price | Total options now held |
| Stuart Last | Chief Executive Officer | 50,000 | 445p | 300,000 |
| Brad Clarke | Chief Financial Officer | 50,000 | 445p | 235,000 |
The grants have been made pursuant to the Company's share option scheme which was adopted on 19 May 2014 (the "Scheme"). The Options may vest and become exercisable over a three year period, subject to the satisfaction of performance conditions relating to how the Company performs by reference to its internal budgets and external market expectations in each of the financial periods ending 31 December 2021, 31 December 2022 and 31 December 2023. They may also vest in certain other prescribed circumstances as provided for in the terms of the Scheme.
Following the above grant of Options, the Company has a total of 1,151,071 options to subscribe for new ordinary shares in the Company outstanding, which represents 7.3 per cent. of the Company's issued share capital.
The FCA notifications in respect of the above Option grants, made in accordance with the requirements of the UK Market Abuse Regulation, are appended below.
Enquiries
| Audioboom Group plc | Tel: +44(0)300 303 3765 |
| Michael Tobin, Chairman Stuart Last, Chief Executive Officer Brad Clarke, Chief Financial Officer |
|
| Allenby Capital Limited (Nominated Adviser and Broker) | Tel: +44(0)20 3328 5656 |
| David Hart /Alex Brearley/Asha Chotai (Corporate Finance) David Johnson (Corporate Broking and Equity Sales) |
About Audioboom
Audioboom is a global leader in podcasting - our shows are downloaded more than 85 million times each month by 25 million unique listeners around the world. Audioboom is ranked as the fifth largest podcast publisher in the US by Triton Digital.
Audioboom's ad-tech and monetisation platform underpins a scalable content business that provides commercial services for a premium network of 250 top tier podcasts, with key partners including 'Casefile True Crime' (US), 'Morbid' (US), 'True Crime Obsessed' (US), 'The Morning Toast' (US), 'No Such Thing As A Fish' (UK), and 'The Cycling Podcast' (UK).
The Audioboom Originals Network is a slate of content developed and produced by Audioboom including 'Baby Mamas No Dramas', 'Covert', 'It's Happening with Snooki & Joey', 'Mafia', 'Huddled Masses' and 'What Makes A Killer'.
Audioboom operates internationally, with operations and global partnerships across North America, Europe, Asia and Australia. For more information, visit audioboom.com. The platform allows content to be distributed via Apple Podcasts, Spotify, Pandora, Amazon Music, Deezer, Google Podcasts, iHeartRadio, RadioPublic, Saavn, Stitcher, Facebook and Twitter as well as a partner's own websites and mobile apps. For more information, visit audioboom.com.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Stuart Last
2.
Reason for the Notification
a)
Position/status
Chief Executive Officer
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
Options to subscribe for Ordinary Shares of no par value
Identification code
ISIN: JE00BJYJFG60
b)
Nature of the transaction
Grant of options to subscribe for Ordinary Shares of no par value
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Exercise price of £4.45 per share | 50,000 |
d)
Aggregated information:
·Aggregated volume
·Price
N/A
e)
Date of the transaction
19 March 2021
f)
Place of the transaction
Outside a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Brad Clarke
2.
Reason for the Notification
a)
Position/status
Chief Financial Officer
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
Options to subscribe for Ordinary Shares of no par value
Identification code
ISIN: JE00BJYJFG60
b)
Nature of the transaction
Grant of options to subscribe for Ordinary Shares of no par value
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Exercise price of £4.45 per share | 50,000 |
d)
Aggregated information:
·Aggregated volume
·Price
N/A
e)
Date of the transaction
19 March 2021
f)
Place of the transaction
Outside a trading venue
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHUWAWRARUOAAR