Audioboom Director Increases Stake
Why we think this is neutral
This RNS announcement is a routine disclosure of a director's share purchase, which does not contain any significant business updates or financial information. While it indicates the director's confidence in the company, it does not provide enough context to determine the overall sentiment.
Key Points
- Non-executive Chairman Michael Tobin purchased 2,000 ordinary shares
- Tobin now holds 878,840 shares, representing 5.3% of the issued share capital
Summary
The non-executive Chairman of the podcast company has purchased additional shares, increasing his stake to 5.3% of the issued share capital.
Audioboom (AIM: BOOM), the leading global podcast company, has announced that its non-executive Chairman, Michael Tobin OBE, has purchased 2,000 ordinary shares in the Company at a price of 335 pence per share. Following this purchase, Michael Tobin now holds 878,840 ordinary shares in the Company, representing approximately 5.3 per cent. of the Company's issued share capital.
DIRECTOR DEALINGS