REG - Audioboom Group PLC - Exercise of Warrants, PDMR/PCA Dealing & TVR

AudioboomAnnouncement

09/04/2025 12:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250409:nRSI3413Ea&default-theme=true

RNS Number : 3413E  Audioboom Group PLC  09 April 2025

 

Audioboom Group plc

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

 

Exercise of Warrants

PDMR/PCA Dealing/Total Voting Rights

Audioboom (AIM: BOOM), the leading global podcast company, announces that
Candy Ventures sarl ("Candy Ventures")  today  exercised warrants over 21,875
ordinary shares of no par value in the Company ("Ordinary Shares").

As a result, Candy Ventures' interest in Ordinary Shares will increase to
2,019,477, representing approximately 12.3 per cent. of the Company's issued
share capital ("ISC"). Nicholas Candy, a 90 per cent. shareholder in Candy
Ventures, also has an interest in a further 335,000 Ordinary Shares,
representing approximately 2.0 per cent of the Company's ISC, taking his
direct and indirect interest in Ordinary Shares to 2,354,477 (approximately
14.3 per cent. of the Company's ISC). Candy Ventures is a person closely
associated ("PCA") with Steven Smith, a non-executive director of the Company
(who is a person discharging managerial responsibilities ("PDMR")), by virtue
of Steven Smith's shareholding in, and directorship of, Candy Ventures.

An application has been made for the admission of the new Ordinary Shares to
trading on AIM ("Admission"), with Admission expected to become effective at 8
a.m. on 11 April 2025.

Following Admission, the issued ordinary share capital of the Company will
comprise 16,439,641 Ordinary Shares with one voting right per share. The
Company does not hold any Ordinary Shares in treasury. Therefore, the total
number of Ordinary Shares and voting rights in the Company is 16,439,641. 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
 Stuart Last, Chief Executive Officer                             Tel: +44(0)20 3714 4285

 Brad Clarke, Chief Financial Officer

 Cavendish Capital Markets Ltd (Nominated Adviser and Broker)
 Jonny Franklin-Adams/Elysia Bough/Rory Sale (Corporate Finance)  Tel: +44(0)20 7220 0500

 Harriet Ward (ECM)

About Audioboom

 

Audioboom is a global leader in podcasting - our shows are downloaded 100
million times each month by 38 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, distribution, marketing and production
services for a premium network of top tier podcasts. Key partners include the
official Formula 1 podcasts 'F1: Beyond the Grid' and 'F1 Nation', 'True Crime
Obsessed' (US), 'The Tim Dillon Show' (US), 'No Such Thing As A Fish' (UK) and
'The Cycling Podcast' (UK).

 

Audioboom operates internationally, with global partnerships across North
America, Europe, Asia and Australia. The platform distributes content via
Apple Podcasts, YouTube, Spotify, Pandora, Amazon Music, Google Podcasts,
iHeartRadio, 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                                                           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 /Amendment                                Initial notification
 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 financial instrument, type of instrument    Ordinary shares of no par value in Audioboom Group plc

       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  330p      21,875

 
 d)    Aggregated information

       - Aggregated volume

       - Price
 e)    Date of the transaction                                        9 April 2025
 f)    Place of the transaction                                       Outside a trading venue

 

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

9 April 2025

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHSSSFFUEISEFL