Audioboom Group PLC Timing of update on Q3 trading & strategic review (4958A)
30 Settembre 2020 - 08:00AM
UK Regulatory
TIDMBOOM
RNS Number : 4958A
Audioboom Group PLC
30 September 2020
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This announcement contains inside information as stipulated
under the Market Abuse Regulations (EU) no. 596/2014 ("MAR")
30 September 2020
Audioboom Group plc
("Audioboom", the "Group" or the "Company")
Timing of update on Q3 trading and strategic review
Audioboom (AIM: BOOM), the leading global podcast company,
announces that the Company will provide a trading update for the
quarter ended 30 September 2020 on or around 14 October 2020. At
that time, the Company will also provide an update on the strategic
review, incorporating the formal sale process (as referred to in
the City Code on Takeovers and Mergers, the "Code") announced on 19
February 2020.
The Company remains in an "offer period" as defined in the Code
and the dealing disclosure requirements as stated in the Company's
announcement of 10 February 2020 continue to apply. A further
update will be made as appropriate.
Enquiries
Audioboom Group plc
Stuart Last, Chief Executive Officer Tel: +44(0)20 7403 6688
Brad Clarke, Chief Financial Officer
Allenby Capital Limited (Nominated Adviser, Tel: +44(0)20 3328 5656
Rule 3 Adviser and Broker)
David Hart /Alex Brearley/Asha Chotai
Walbrook PR Limited (PR & IR Advisers) Tel: +44(0)20 7933 8780
Nick Rome/Tom Cooper or audioboom@walbrookpr.com
About Audioboom
Audioboom is a global leader in podcasting - producing,
distributing and monetising 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 45th', '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.
Additional information
Allenby Capital Limited ("Allenby Capital"), is authorised and
regulated by the Financial Conduct Authority in the United Kingdom.
Allenby Capital is acting as financial adviser in relation to the
Code exclusively for Audioboom and no one else in connection with
the matters set out in this announcement and will not regard any
other person as its client in relation to the matters set out in
this announcement and will not be responsible to anyone other than
Audioboom for providing the protections afforded to clients of
Allenby Capital or its affiliates, or for providing advice in
relation to the contents of this announcement or any other matter
referred to herein.
This announcement is not intended to, and does not, constitute
or form part of any offer, invitation or the solicitation of any
offer to buy, sell, subscribe for any securities or the
solicitation of any vote in any jurisdiction.
The distribution of this announcement in jurisdictions outside
the United Kingdom may be restricted by law and therefore persons
into whose possession this announcement comes should inform
themselves about, and observe, such restrictions. Any failure to
comply with the restrictions may constitute a violation of the
securities law of any such jurisdiction.
ENDS
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