TIDMBOOM

RNS Number : 2020Y

Audioboom Group PLC

07 September 2015

7 September 2015

Audioboom Group plc

("Audioboom" or the "Company")

Director's dealing in securities

The Company received notification on 4 September 2015 that Candy Ventures sarl (a company of which Nick Candy, a director of Audioboom, is a director and majority shareholder) purchased 16,000,000 ordinary shares in the Company at 3.0p per share on that date.

Following the purchase, Mr Candy is taken to be beneficially interested in 40,820,000 ordinary shares in the Company (representing approximately 7.62 per cent of the issued share capital).

Enquiries:

 
 Audioboom Group plc 
 Rob Proctor, Chief Executive                                       Tel: 020 7403 6688 
  Officer 
  David McDonagh, Chief Financial 
  Officer 
 
 Arden Partners plc - NOMAD and                                     Tel: 020 7614 5900 
  Broker 
 Chris Hardie/Ciaran Walsh, Corporate 
  Finance 
 
 Walbrook PR                            Tel: 020 7933 8780 or audioboom@walbrookpr.com 
 Sam Allen / Paul McManus                          Mob: 07884 664 686 / Mob: 07980 541 
                                                                                   893

About Audioboom (www.audioboom.com)

Audioboom is the leading mobile, web and connected device platform for the very best spoken-word content in news, current affairs, business, entertainment and sports.

It operates a digital, on-demand, streaming audio platform enabling the creation, broadcast and consumption of audio across multiple global media outlets. Audioboom works with some of the biggest names in broadcasting across sport, entertainment and current affairs to bring their content to millions of listeners worldwide via Facebook, Twitter and other media platforms.

The technology allows partners to embed playlists onto their sites and apps, use our mobile apps and functionality as listen again players and re-syndicate their content around the web.

Audioboom also allows the monetisation of audio via the dynamic insertion of pre and post roll advertising into content as a user is listening, allowing contemporary advertising selection, depending on content genre and geographic location of the user.

Audioboom has over 3,000 active content partners, including the BBC, Telegraph, Guardian, Cumulus, Sky Sports, Premier League, Southern Cross Austereo, Reuters, CNBC, Universal and Fox.

Audioboom is using this platform to create the world's first aggregated audio content syndication and advertising network.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

September 07, 2015 02:01 ET (06:01 GMT)

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