TIDMBOOM
RNS Number : 7435A
Audioboom Group PLC
31 May 2019
31 May 2019
Audioboom Group plc
("Audioboom" or the "Company")
Total Voting Rights and Director Interests
Audioboom (AIM:BOOM), the leading spoken word audio on-demand
platform, announces that the issued ordinary share capital of the
Company as at the date of this announcement comprises 1,400,675,619
ordinary shares with one voting right per share ("Ordinary
Shares"). This follows the admission of 112,000,000 new Ordinary
Shares to trading on AIM on 22 May 2019 ("Admission"), issued
pursuant to a placing and subscription to raise c. GBP2.8 million
("the Fundraise").
The Company does not hold any Ordinary Shares in treasury.
Therefore, the total number of Ordinary Shares and voting rights in
the Company is 1,400,675,619. This figure may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in, the share capital of the Company
under the FCA's Disclosure Guidance and Transparency Rules.
Michael Tobin, Non-Executive Chairman, subscribed for 3,600,000
Ordinary Shares in the Fundraise. Following Admission, Michael
Tobin now holds 13,354,388 Ordinary Shares, representing
approximately 0.95 per cent. of the Company's issued ordinary share
capital.
Roger Maddock, a Non-Executive Director of the Company,
subscribed for 2,000,000 Ordinary Shares in the Fundraise. The
Preston Trust (being a trust for the benefit of the family of Roger
Maddock) subscribed for 4,000,000 Ordinary Shares in the Fundraise.
Following Admission, Roger Maddock is now directly and indirectly
interest in a total of 33,846,160 Ordinary Shares, representing
approximately 2.42 per cent. of the Company's issued ordinary share
capital, which includes the 4,000,000 Ordinary Shares held via the
Preston Trust.
Enquiries:
Audioboom Group plc
Rob Proctor, Chief Executive Officer Tel: +44(0)20 7403
6688
Allenby Capital Limited (Nominated adviser Tel: +44(0)20 3328
and Joint Broker) 5656
David Hart /Alex Brearley/Asha Chotai
Walbrook PR Limited (PR & IR Advisers) Tel: +44(0)20 7933
8780
Paul Cornelius / Sam Allen or audioboom@walbrookpr.com
About Audioboom
Audioboom is the leading global podcast company, consolidating
the business of on-demand audio, making content accessible,
wide-reaching and profitable for podcasters, advertisers and
brands. Audioboom operates internationally, with operations and
global partnerships 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 13,000 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), 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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END
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(END) Dow Jones Newswires
May 31, 2019 12:00 ET (16:00 GMT)
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