Director/PDMR Shareholding

RNS Number : 6740A
Audioboom Group PLC
04 February 2022
 

 

Audioboom Group plc

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

 

Director/PDMR Shareholding  

Audioboom (AIM: BOOM), the leading global podcast company, announces that, on 3 February, Stuart Last, CEO of the Company, exercised options over 25,000 ordinary shares of no par value in the Company ("Ordinary Shares").

He subsequently sold 20,000 Ordinary Shares at an average price of 1,722.0705 pence per Ordinary Share, and retained 5,000 Ordinary Shares.

As a result, Stuart Last's holding of ordinary shares in the Company has increased to 27,417 Ordinary Shares, representing approximately 0.17 per cent. of the Company's issued share capital.  He also holds options to subscribe for a further 252,000 Ordinary Shares.

The Company also announces that, on 3 February, Brad Clarke, CFO of the Company, exercised options over 25,000 ordinary shares of no par value in the Company ("Ordinary Shares").

He subsequently sold 20,000 Ordinary Shares at an average price of 1,722.0705 pence per Ordinary Share, and retained 5,000 Ordinary Shares.

As a result, Brad Clarke's holding of ordinary shares in the Company is 5,000 Ordinary Shares, representing approximately 0.03 per cent. of the Company's issued share capital.  He also holds options to subscribe for a further 210,000 Ordinary Shares.

The FCA notifications in respect of the above, made in accordance with the requirements of the UK Market Abuse Regulation, are appended below.

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 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

 1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stuart Last

2

Reason for the notification

a)

Position/status

CEO

b) 

Initial notification /Amendment

Initial notification

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 

Identification code

Ordinary shares of no par value in Audioboom Group plc

 

Identification code (ISIN) for Audioboom Group plc ordinary shares: JE00BJYJFG60

b)

Nature of the transaction

Exercise of Options and Sale of Ordinary Shares

c)

Price(s) and volume(s)


Price(s)

Volume(s)

Exercise of Options

130p

25,000

Sale of Ordinary Shares

1,722.0705p

20,000

 

d)

Aggregated information

- Aggregated volume

- Price


e)

Date of the transaction

3 February 2022

f)

Place of the transaction

London Stock Exchange, XLON

 



 

 

 1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Brad Clarke

2

Reason for the notification

a)

Position/status

CFO

b) 

Initial notification /Amendment

Initial notification

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 

Identification code

Ordinary shares of no par value in Audioboom Group plc

 

Identification code (ISIN) for Audioboom Group plc ordinary shares: JE00BJYJFG60

b)

Nature of the transaction

Exercise of Options and Sale of Ordinary Shares

c)

Price(s) and volume(s)


Price(s)

Volume(s)

Exercise of Options

130p

25,000

Sale of Ordinary Shares

1,722.0705p

20,000

 

d)

Aggregated information

- Aggregated volume

- Price


e)

Date of the transaction

3 February 2022

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 

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