TIDMBOOM

RNS Number : 0616G

Audioboom Group PLC

25 March 2022

25 March 2022

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 24 March 2022, Candy Ventures SARL entered into a facility agreement pursuant to which 1,997,602 shares in the Company have been pledged under a security interest agreement entered into with Bank of Singapore Limited. Candy Ventures SARL remains the beneficial owner of the shares, subject to the pledge, and retains full voting rights attaching to the shares. 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 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

 
        Details of the person discharging managerial responsibilities 
   1     / person closely associated 
 a)     Name                         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    Shares pledged by Candy Ventures SARL 
                                      as security for any amounts which 
                                      may become due under a facility agreement 
                                      with Bank of Singapore Limited. Candy 
                                      Ventures SARL's aggregate interest 
                                      in Audioboom's ordinary shares remains 
                                      the same as a result of this transaction. 
       ---------------------------  ----------------------------------------------- 
 c)     Price(s) and volume(s)        Price(s)    Volume(s) 
                                       n/a         1,997,602 
                                                  ---------- 
       ---------------------------  ----------------------------------------------- 
        Aggregated information 
         - Aggregated volume 
 d)      - Price                      1,997,602 
       ---------------------------  ----------------------------------------------- 
 e)     Date of the transaction      24 March 2022 
       ---------------------------  ----------------------------------------------- 
 f)     Place of the transaction     Outside of a trading venue 
       ---------------------------  -----------------------------------------------

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END

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March 25, 2022 05:40 ET (09:40 GMT)

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