Audioboom Chairman Bolsters Stake with New Share Purchase

Audioboom (GB:BOOM) has released an update.

Audioboom Group PLC, a leading global podcast company, reported that Michael Tobin OBE, the non-executive Chairman, has increased his stake in the company by purchasing 5,000 shares at 223 pence each. Tobin’s total holding now accounts for approximately 5.1% of the company’s issued share capital. This move reflects a positive signal to the market, as insider purchases often suggest confidence in the company’s prospects.

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