- Advertisement -

All Active Asset bid approach for Audioboom

All Active Asset Capital Ltd (LON: AAA) should have plenty of knowledge about bid target Audioboom (LON:BOOM). One of its directors, Rodger Sargent was involved with the reversal of the business into an AIM shell and was a director for a short time. The bidder is also in the process of acquiring a stake in AAQUA, which has a 12.4% shareholding in Audioboom.

Rodger Sargent joined the board of Audioboom following the reversal of Audioboo into One Delta on 20 May 2014. He already had a shareholding in the company, and he acquired more shares at the time of the reversal to take his then stake to 11.4 million shares – post-100-for-one consolidation this is equivalent to 114,000 existing shares. He also initially handled the finance role, although he left the board in October 2014.

The ca...

Latest News

More Articles Like This

Tagdiv Cloud library - template content.