Holding in Company & Director/PDMR Shareholding
12 February 2020
Audioboom Group plc
("Audioboom" or the "Company")
Holding in Company
Audioboom (AIM: BOOM), the leading global podcast company, announces that it was notified on 11 February 2020, that Candy Ventures sarl, a company controlled by Nicholas Candy, purchased 100,000 ordinary shares in the Company ("Ordinary Shares") at an average price of 245 pence per Ordinary Share. Following this purchase, Candy Ventures sarl holds 3,682,602 Ordinary Shares, which is equivalent to approximately 26.29 per cent. of the Company's total issued ordinary share capital.
Nicholas Candy is a 90 per cent. shareholder of Candy Ventures sarl. Following the purchases by Candy Ventures sarl described above, Nicholas Candy is directly and indirectly interested in a total of 3,752,602 Ordinary Shares, representing approximately 26.79 per cent. of the Company's issued ordinary share capital, which includes the 3,682,602 Ordinary Shares held via Candy Ventures sarl.
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 EU Market Abuse Regulation, is appended below.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Details of the person discharging managerial responsibilities / person closely associated
Candy Ventures sarl
Reason for the notification
Candy Ventures sarl is a person closely associated with Audioboom Group plc's Non-Executive Director, Steven Smith who is a person discharging managerial responsibilities
Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Audioboom Group plc
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
Description of the financial instrument, type of instrument
Ordinary shares of no par value in Audioboom Group plc
Identification code (ISIN) for Audioboom Group plc ordinary shares: JE00BJYJFG60
Nature of the transaction
Purchase of shares
Price(s) and volume(s)
- Aggregated volume
Date of the transaction
11 February 2020
Place of the transaction
London Stock Exchange, XLON
Audioboom Group plc
Tel: +44(0)20 7403 6688
Stuart Last, Chief Executive Officer
Brad Clarke, Chief Financial Officer
Allenby Capital Limited (Nominated Adviser and Broker)
Tel: +44(0)20 3328 5656
David Hart /Alex Brearley/Asha Chotai
Walbrook PR Limited (PR & IR Advisers)
Tel: +44(0)20 7933 8780
Nick Rome/Tom Cooper
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 45th', '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.
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