Audioboom Group PLC Block Admission Application (5825E)
02 Marzo 2020 - 08:00AM
UK Regulatory
TIDMBOOM
RNS Number : 5825E
Audioboom Group PLC
02 March 2020
Audioboom Group plc
("Audioboom", the "Group" or the "Company")
Block Admission Application
Audioboom announces that an application has been made to the
London Stock Exchange for a block admission of 1,337,415 ordinary
shares of no par value in the Company (the "New Ordinary Shares")
to be admitted to trading on AIM ("Admission") in connection with
the Company's Share Option Scheme 2014 (the "Scheme"). It is
expected that Admission will occur on or around 6 March 2020.
The New Ordinary Shares may be issued from time-to-time pursuant
to the exercise of existing options by persons participating in the
Scheme. The participants in the Scheme include Audioboom's current
employees and certain former employees and consultants.
If and when issued, the New Ordinary Shares will rank pari passu
in all respects with the existing ordinary shares of the
Company.
The total number of ordinary shares of no par value in the
Company as at the date of this announcement is 14,006,757. There
are currently no shares held in treasury. The total number of
voting rights in the Company is therefore 14,006,757. 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 Company, under
the Disclosure Guidance and Transparency Rules.
The Company will notify on a monthly basis when there are
changes to the issued share capital of the Company, and these
monthly figures may be used by shareholders as the denominator for
the calculation by which they will determine if they are required
to notify their interest in, or a change in their interest in, the
share capital of the Company. The Company will also make
six-monthly announcements regarding the utilisation of the block
admission.
Enquiries
Audioboom Group plc Tel: +44(0)20 7403 6688
Stuart Last, Chief Executive Officer
Brad Clarke, Chief Financial Officer
Allenby Capital Limited (Nominated Adviser Tel: +44(0)20 3328 5656
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),
'And That's Why We Drink' (US), 'No Such Thing As A Fish' (UK),
'Starburns Audio' (US), '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, BookMyShow, 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.
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 rns@lseg.com or visit www.rns.com.
END
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