Australia's Vinyl Group gains on acquiring UK digital platform
** Shares of Vinyl Group VNL.AX up 8.3% to A$0.105, their largest intraday pct jump since Aug. 14
** Stock hits its highest level since Sept. 9
** The vinyl records retailer to acquire London-based blockchain platform Serenade for A$800,000 ($553,760.00) in shares, and in a further payment of A$1.5 million in shares upon hitting profit targets
** Says acquisition to expand co to UK and European markets, add physical and digital collectibles to platform
** More than 925,000 shares change hands by 0114 GMT, 1.8 times the 30-day avg volume of shares
** VNL up 48.8% YTD, including current session's moves
($1 = 1.4447 Australian dollars)
Reporting by Nikita Maria Jino in Bengaluru
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