Audioboom Group PLC Response to Aaquaverse TR1 (3263T)
21 July 2022 - 08:50PM
UK Regulatory
TIDMBOOM
RNS Number : 3263T
Audioboom Group PLC
21 July 2022
Audioboom Group plc
("Audioboom", the "Group" or the "Company")
Response to Aaquaverse TR1
The board of the Company ("Board") notes the TR1 notification
which it received from Aaquaverse Pte Ltd ("Aaquaverse") and which
the Company has now released by way of an RNS announcement.
The Board understands that, following disposals totaling 157,500
shares between 22 June and 15 July 2022, and the unwinding of a
facility agreement over 908,250 shares on 19 July 2022, Aaquaverse
now holds shares totaling 11.57% of the current ordinary shares in
issue. Since first being informed of the above changes in ownership
on 20 July, the Board has sought to clarify the resultant
beneficial interests as accurately and quickly as possible in order
to provide an accurate summary to the market. All available
information has now been disclosed.
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 133 million times each month by 35 million unique
listeners around the world. Audioboom is ranked as the third
largest podcast publisher by average weekly users in the US by
Triton Digital.
Audioboom's ad-tech and monetisation platform underpins a
scalable content business that provides commercial services for
more than 8,000 podcasts, with key partners including 'Casefile
True Crime' (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 produced by
Audioboom including 'Devils in the Dark', '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.
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END
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