Exercise of Warrants
Audioboom Group plc announced that Candy Ventures sarl exercised warrants for 15,625 ordinary shares at 330p per share, increasing its holding to approximately 12.3% of the issued share capital. This exercise, linked to non-executive director Steven Smith, brings his total direct and indirect interest to approximately 13.0% of the company's issued share capital, which will be 18,181,914 ordinary shares following the admission of the new shares on August 3, 2025.
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Audioboom (AIM: BOOM), the leading global podcast company, announces that Candy Ventures sarl ("Candy Ventures") today exercised warrants over 15,625 ordinary shares of no par value in the Company ("Ordinary Shares") at an exercise price of 330p per share.
As a result, Candy Ventures' interest in Ordinary Shares will increase to 2,235,102, representing approximately 12.3 per cent. of the Company's issued share capital ("ISC"). Nicholas Candy, a 90 per cent. shareholder in Candy Ventures, also has an interest in a further 135,000 Ordinary Shares, representing approximately 0.7 per cent of the Company's ISC, taking his direct and indirect interest in Ordinary Shares to 2,370,102 (approximately 13.0 per cent. of the Company's ISC). Candy Ventures is a person closely associated ("PCA") with Steven Smith, a non-executive director of the Company (who is a person discharging managerial responsibilities ("PDMR")), by virtue of Steven Smith's shareholding in, and directorship of, Candy Ventures. Following this exercise, Candy Ventures do not hold any further warrants to subscribe for Ordinary Shares.
An application has been made for the admission of the new Ordinary Shares to trading on AIM ("Admission"), with Admission expected to become effective at 8 a.m. on 3 August 2025.
Following Admission, the issued ordinary share capital of the Company will comprise 18,181,914 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 18,181,914. This 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.
| a) | Name | Candy Ventures sarl |
| 2 | Reason for the notification | |
| a) | Position/status | Candy Ventures sarl is a person closely associated with Steven Smith, a non-executive director of the Company |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Audioboom Group plc |
| b) | LEI | 213800QO681575J97813 |
| 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 warrants over Ordinary Shares |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Exercise of Warrants 330p 15,625 |
| d) | Aggregated information - Aggregated volume - Price | |
| e) | Date of the transaction | 30 July 2026 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.