** Shares of Vinyl Group VNL.AX rise 7% to A$0.1125, set for biggest one-day pct gain in more than 2 weeks
** Music co to acquire private digital city guide platform Concrete Playground in a cash-and-share deal worth A$5 mln ($3.20 mln)
** Says the acquisition will broaden its commercial reach by tapping into Concrete's network of clients
** Adds that it will accelerate its timeline to achieving positive cash flow by six months
** Vinyl shares up 59.4% so far this year, including current session's moves
($1 = 1.5608 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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