REG - Audioboom Group PLC - Response to Aaquaverse TR1

AudioboomAnnouncement

21/07/2022 12:00

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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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