Source - RNS
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 Officer

Tel: +44 (0)20 7403 6688

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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