TIDMBOOM

RNS Number : 7359D

Audioboom Group PLC

07 March 2022

Audioboom Group plc

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

Director/PDMR Shareholding

Audioboom (AIM: BOOM), the leading global podcast company, announces that, on 4 March, Michael Tobin OBE, the Chairman of the Company, exercised warrants over a further 100,000 ordinary shares of no par value in the Company ("Ordinary Shares").

As a result, Michael Tobin's holding of ordinary shares in the Company will increase to 676,003 Ordinary Shares, representing approximately 4.17 per cent. of the Company's issued share capital. He holds no further warrants over Ordinary Shares.

Application has been made for the admission of these new Ordinary Shares to trading on AIM ("Admission"). It is expected that Admission will become effective at 8am on 10 March.

Following Admission, the issued ordinary share capital of the Company will comprise 16,207,286 ordinary shares with one voting right per share ("Ordinary Shares"). The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company is 16,207,286 . 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.

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

Enquiries

 
 Audioboom Group plc                          Tel: +44(0)20 3714 
                                               4285 
 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 116 million times each month by 32 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                        Michael Tobin 
     --------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ---------------------------------------------------------------------- 
 a)   Position/status             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   Exercise of warrants over Ordinary 
                                   Shares 
     --------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)                      Price(s)   Volume(s) 
                                    Exercise of 
                                     Warrants      530p       100,000 
                                                  ---------  ---------- 
     --------------------------  ------------------------------------------ 
 d)   Aggregated information 
       - Aggregated volume 
       - Price 
     --------------------------  ------------------------------------------ 
 e)   Date of the transaction     4 March 2022 
     --------------------------  ------------------------------------------ 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ------------------------------------------ 
 

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March 07, 2022 02:00 ET (07:00 GMT)

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