Audioboom Group PLC Strategic investment discussions update (4521L)
October 03 2016 - 1:00AM
UK Regulatory
TIDMBOOM
RNS Number : 4521L
Audioboom Group PLC
03 October 2016
3 October 2016
Audioboom Group plc
(the "Company")
Strategic investment discussions update
On 5 August 2016, the Company announced that it was in
discussions with a Chinese fund for a strategic investment of up to
US$8 million and expected a formal agreement to be entered into by
the end of September 2016. The Company wishes to advise that whilst
a formal agreement with the Chinese fund has not yet been reached
in the timeframe originally envisaged, discussions remain active.
The Company will provide a further update in due course.
Enquiries:
Audioboom Group plc
Rob Proctor, Chief Executive Tel: +44 (0)20 7403 6688
Officer
David McDonagh, Chief
Financial Officer
Liberum (NOMAD and Broker) Tel: +44 (0)20 3100 2222
Neil Patel / Richard Bootle
Hudson Sandler
Cat Valentine Tel: +44 (0)20 7796 4133
This information is provided by RNS
The company news service from the London Stock Exchange
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