AIM Rule 26

This information was last updated on May 19, 2017 @ 2:53 pm.

What is Rule 26?

Rule 26 is the requirement that companies listed on the Alternative Investment Market (AIM) have a website detailing specific company financial and governance information. The following section provides specific information required by AIM Rule 26.

Audioboom Group plc

Audioboom Group plc (“Audioboom” or the “Group”) was incorporated as The Off-Plan Fund Limited, with limited liability in Jersey under the Companies (Jersey) Law with registered number 85292 on 22 April 2003.

The company changed its name to Cholet Investments plc in 2011 and then to One Delta plc in 2012. It became Audioboom Group plc on 20 May 2014.

The Group’s main country of operation is the United Kingdom and its registered office is:

PO Box 264
Forum 4
Grenville Street
St Helier
Jersey
JE4 8TQ

Subsidiaries

Audioboom Limited (UK)
Audioboom Inc (USA, Maryland)
Audioboom Pty Limited (Australia)
Audioboom India Private Limited (India)

As the parent company is not incorporated in the UK, the rights of shareholders may be different from the rights of shareholders in a UK incorporated company.

The Company’s Business

The parent company’s main business is that of its wholly-owned subsidiary, Audioboom Limited (referred to as audioBoom).

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

AudioBoom works with more than 4,400 broadcasters, content creators and podcasters around the world ‐ including Cumulus, the BBC, Associated Press, NBC Sports Radio and Undisclosed ‐ 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 over 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, mid and post roll audio adverts, and video ads, which unlike most other forms of digital advertising cannot be prevented from being broadcast by ad blockers as it is part of the audio recording.

Directors’ Details

Corporate Governance Code

The Directors are committed to maintaining high standards of corporate governance and, in so far as is practicable and appropriate given the company’s size and nature, ensuring that the company is in compliance with the Quoted Companies Alliance (“QCA”) Corporate Governance Code for Small and Mid-Size Quoted Companies (the “Corporate Governance Code”).

The company has adopted a Share Dealing Code and will take steps to ensure compliance by the Board and any relevant key employees.

The Directors have implemented such corporate governance procedures and established such committees of the Board, including audit and remuneration committees, as they believe are required for the Board to comply with the terms of the Corporate Governance Code, in so far as is appropriate for a company of its size.

The Directors have established financial controls and reporting procedures which are considered appropriate given the size and structure of the company. These controls will be reviewed as the business develops.
Corporate Governance and Committees

Constitutional Documents

The Group’s constitutional documents can be found by clicking the links below:
Memorandum & Articles as of 31st March 2011

Shares in issue

The Group has in issue 918,495,394 ordinary shares of no par value, of which 22.5% are not in public hands for the purposes of the AIM Rules.
Significant shareholders

There are no restrictions on the transfer of the Group’s securities

Country of Incorporation and Main Country of Operation

Audioboom Group plc was incorporated in Jersey and operates internationally; its main operating subsidiary Audioboom Ltd is based in the UK.

AIM and Other Exchanges

Audioboom Group plc shares are admitted to trading on AIM, the Alternative Investment Market of the London Stock Exchange. The Group’s securities are not admitted to or trading on any other exchange or trading platform.

Reports and Accounts

The Group’s most recent reports and accounts can be found by clicking the link below:
2016 Annual Report
2015 Annual Report
2014 Annual Report

Notifications

All notifications can be found via londonstockexchange.com
Regulatory News

Admission Document and Shareholder Circulars

The Group’s most recent admission document can be found by clicking the link below:
May 2014 Admission Document
August 2016 Shareholder Circular
March 2017 Shareholder Circular

Key advisers

Advisers and Registrars

City Code on Takeovers and Mergers

The company is subject to the City Code on Takeovers and Mergers.

AIM Rule 26

www.londonstockexchange.com/companies-and-advisors/aim/advisers/rules/aim-rules-for-companies.pdf

This website is owned and updated directly by Audioboom Group plc.