Total Voting Rights

RNS Number : 0704B

Audioboom Group PLC

31 March 2017

 

31 March 2017

Audioboom Group plc

("Audioboom" or the "Company")

Total Voting Rights

The Board of Audioboom announces that the issued share capital of the Company as at the date of this announcement comprises 747,297,991 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 747,297,991.

The above 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. 

Subject to the passing of resolutions to be put to shareholders at an Extraordinary General Meeting to be held on 6 April 2017, the Company expects to issue, and admit to AIM, further ordinary shares relating to the Second Placing and the Loan Note conversion (as those terms were defined in the announcement of 21 March 2017 titled "Placing and Subscription to raise up to £4m").  A further announcement regarding the resolutions and the enlarged issued share capital will be made following that meeting.

Enquiries:

Audioboom Group plc	[phone]
Rob Proctor, Chief Executive Officer
David McDonagh, Chief Financial Officer
Allenby Capital Limited (Nominated adviser and broker)	[phone]
David Hart/James Thomas/Asha Chotai
Walbrook PR Ltd (PR & IR Advisors)	[phone]
Paul Cornelius/ Sam Allen	or [e-mail]

About Audioboom  

Audioboom is the leading spoken‐word audio platform for hosting, distributing and monetising content.

Audioboom works with more than 3,000 active broadcasters, content creators and podcasters around the world ‐ including Cumulus, the BBC, NewsCorp, Associated Press, NBC Sports Radio, Undisclosed and Global ‐ hosting more than 10,000 content channels.

Audioboom's hosting and distribution platform allows partners to embed, share via social channels and re‐syndicate their content. Audioboom content receives approximately 50m unique file requests per month, and growing.  Additionally, Audioboom works with its partners to monetise their audio via live in‐reads, the dynamic insertion of pre and post roll audio adverts, and video ads.

 

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