(Sharecast News) - Audioboom revealed on Monday that chairman Michael Tobin had acquired 10,620 ordinary shares in the AIM-listed podcasting business.

Tobin, who took over as chairman in August 2018, purchased the shares on Friday at an average price of 215.0p each, for a total value of 22,833.00.

Following the transaction, Tobin holds a beneficial interest in 850,000 ordinary Audioboom shares, representing approximately 5.2% of the company's issued share capital.

As of 1245 BST, Audioboom shares were up 1.18% at 215.0p.

Reporting by Iain Gilbert at Sharecast.com

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