BOOM Audioboom Group Plc

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

END

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(END) Dow Jones Newswires

October 03, 2016 02:00 ET (06:00 GMT)

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