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16 Oct, 2020 16:33 16 Oct, 2020 16:33

Director dealings: Audioboom chairman ups stake

London Stock Exchange, markets, traders, trading, City, shares

Audioboom revealed on Friday that chairman Michael Tobin had acquired 5,000 ordinary shares in the AIM-listed podcasting company.

Tobin, who took over as chairman in August 2018, purchased the shares on Thursday at an average price of 196.0p each, for a total value of £9,800.

Following the purchase, Tobin holds 190,476 ordinary shares in the firm, representing approximately 1.36% of its issued share capital.

Audioboom called off its sale process on Wednesday as losses narrowed year-on-year and revenues improved in the third quarter of 2020.

The company said it had called off the formal sale process after experiencing "very encouraging growth", with revenues up 15% in the three months ended 30 September at $6.5m and its quarterly adjusted underlying loss narrowed by 59% to $400,000.

As of 1630 BST, Audioboom shares were down 8.97% at 177.50p.

Top Director Buys

Audioboom Group (BOOM)
Director name: Tobin,Michael
Amount purchased: 5,000 @ 196.00p
Value: £9,800.00

Wood Group (john) (WG.)
Director name: Watson,Robin
Amount purchased: 3,220 @ 203.70p
Value: £6,559.14

Silence Therapeutics (SLN)
Director name: Gray,Alistair
Amount purchased: 1,258 @ 396.86p
Value: £4,992.50

Wood Group (john) (WG.)
Director name: Kemp,David
Amount purchased: 2,039 @ 203.70p
Value: £4,153.44

Anglo American (AAL)
Director name: Pearce,Stephen
Amount purchased: 8 @ 1,964.00p
Value: £157.12

Anglo American (AAL)
Director name: O'Neill ,Tony
Amount purchased: 8 @ 1,964.00p
Value: £157.12

Anglo American (AAL)
Director name: Cutifani,Mark
Amount purchased: 8 @ 1,964.00p
Value: £157.12

Balfour Beatty (BBY)
Director name: Quinn,Leo
Amount purchased: 66 @ 227.00p
Value: £149.82

Royal Mail (RMG)
Director name: Simpson,Stuart
Amount purchased: 42 @ 235.67p
Value: £98.98

Top Director Sells

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Important Legal Notice about News Sources

 

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.