TIDMBOOM

RNS Number : 7870D

Audioboom Group PLC

30 October 2020

Audioboom Group plc

("Audioboom", the "Group" or the "Company")

Director/PDMR Shareholding

Audioboom (AIM: BOOM), the leading global podcast company, announces that on 29 October 2020, Michael Tobin OBE, non-executive Chairman of the Company, purchased a total of 28,375 ordinary shares in the Company at an average price of 170.9 pence per ordinary share. Following this purchase, Michael Tobin holds 248,136 ordinary shares in the Company, representing approximately 1.74 per cent. of the Company's issued share capital.

The FCA notification in respect of the above, made in accordance with the requirements of the EU Market Abuse Regulation, is appended below.

Enquiries

 
 Audioboom Group plc                                Tel: +44(0)300 303 
                                                     3765 
 Stuart Last, Chief Executive Officer 
  Brad Clarke, Chief Financial Officer 
 
 Allenby Capital Limited (Nominated Adviser         Tel: +44(0)20 3328 
  and Broker)                                        5656 
 David Hart /Alex Brearley/Asha Chotai (Corporate 
  Finance) 
  Guy McDougall / Amrit Nahal (Equity Sales) 
 
 

About Audioboom

Audioboom is a global leader in podcasting - producing, distributing and monetizing premium audio content to millions of listeners around the world. Audioboom operates internationally, with operations and global partnerships across North America, Europe, Asia and Australia.

Audioboom provides technology and advertising services for a premium network of 250 top tier podcasts, with key partners including 'Casefile True Crime' (US), 'The Morning Toast' (US), 'No Such Thing As A Fish' (UK), 'The Cycling Podcast' (UK) and 'The Totally Football Show' (UK).

The Audioboom Originals Network is a slate of content produced by Audioboom including 'The 45(th) ', 'Covert', 'It's Happening with Snooki & Joey', 'Mafia', 'Dead Man Talking' and 'Blank Check'.

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                        Michael Tobin 
     --------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ---------------------------------------------------------------------- 
 a)   Position/status             Non-Executive Chairman 
     --------------------------  ------------------------------------------ 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------------ 
 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          Ordinary shares of no par value in 
       financial instrument,       Audioboom Group plc 
       type of instrument 
       Identification code         Identification code (ISIN) for Audioboom 
                                   Group plc ordinary shares: JE00BJYJFG60 
     --------------------------  ------------------------------------------ 
 b)   Nature of the transaction   Purchase of shares 
     --------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                    169.5p     11,764 
                                    174.0p     11,111 
                                    167.5p     5,500 
                                              ---------- 
     --------------------------  ------------------------------------------ 
 d)   Aggregated information 
       - Aggregated volume          Aggregated volume: 28,375 Ordinary 
       - Price                      Shares 
                                    Volume weighted average price: 170.9p 
     --------------------------  ------------------------------------------ 
 e)   Date of the transaction     29 October 2020 
     --------------------------  ------------------------------------------ 
 f)   Place of the transaction    London Stock Exchange, XLON 
     --------------------------  ------------------------------------------ 
 

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END

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(END) Dow Jones Newswires

October 30, 2020 07:38 ET (11:38 GMT)

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