TIDMBOOM

RNS Number : 4516U

Audioboom Group PLC

03 December 2021

Audioboom Group plc

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

PDMR/PCA Dealing

Audioboom (AIM: BOOM), the leading global podcast company, announces that it has been notified that, on 2 December, Nicholas Candy purchased 45,000 ordinary shares in the Company ("Ordinary Shares") at 1000 pence per Ordinary Share. Following this purchase, Nicholas Candy is directly and indirectly interested in a total of 2,322,602 Ordinary Shares, which is equivalent to 14.75 per cent. of the Company's total issued ordinary share capital.

Of these, 2,197,602 Ordinary Shares are held by Candy Ventures sarl, of which Nicholas Candy is a 90 per cent. shareholder. Candy Ventures sarl is a person closely associated with Steven Smith, a non-executive director of the Company, who is a person discharging managerial responsibilities.

The FCA notification, made in accordance with the requirements of the UK 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 
 
 finnCap Ltd (Nominated Adviser and Broker)   Tel: +44(0)20 7220 
                                               0500 
 Jonny Franklin-Adams/Abigail Kelly/Milesh 
  Hindocha (Corporate Finance) 
  Richard Chambers/Harriet Ward (ECM) 
 

About Audioboom

Audioboom is a global leader in podcasting - our shows are downloaded more than 100 million times each month by 30 million unique listeners around the world. Audioboom is ranked as the fourth 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).

Audioboom Studios is home to a slate of content developed and produced by Audioboom including 'Dark Air with Terry Carnation', 'F1: Beyond The Grid', 'RELAX!', '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. 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                        Nicholas Candy (90% shareholder of 
                                   Candy Ventures sarl) 
     --------------------------  ----------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/status             Candy Ventures sarl is a person closely 
                                   associated with Steven Smith, a non-executive 
                                   director of the Company 
     --------------------------  ----------------------------------------------- 
 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) 
                                    1000p      45,000 
                                              ---------- 
     --------------------------  ----------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume 
       - Price 
     --------------------------  ----------------------------------------------- 
 e)   Date of the transaction     2 December 2021 
     --------------------------  ----------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, XLON 
     --------------------------  ----------------------------------------------- 
 

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