REG - Time Out Group plc - Time Out Market Cape Town Opens

Time OutAnnouncement

17/11/2023 07:00

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RNS Number : 7427T  Time Out Group plc  17 November 2023

 

17 November 2023

 

Time Out Group plc

("Time Out", the "Company" or the "Group")

 

Time Out Market Cape Town Opens

 

Time Out Group plc (AIM: TMO), the global media and hospitality business, is
pleased to announce that Time Out Market Cape Town opens to the public today.

 

Time Out Market Cape Town is the Company's seventh food and cultural market
with a further eight signed and due to open between 2024 and 2027.

 

Located at the V&A Waterfront, Time Out Market Cape Town offers the best
of the city together under one roof: a curated mix of the best local chefs,
drinks and cultural experiences. It is the first Time Out Market to open on
the African continent. The Market offers 13 kitchens, 3 bars and a dedicated
wine bar as well as cultural experiences across 30,000 square feet. The lineup
features the city's award-winning chefs, much loved local gems and home-grown
up-and-coming talents to offer a taste of Cape Town's diverse and exciting
food scene.

 

For further information on Time Out Market Cape Town please visit
www.timeoutmarket.com

 

Open Time Out Markets:

●     Lisbon

●     New York

●     Boston

●     Chicago

●     Montreal

●     Dubai

●     Cape Town

 

Time Out Markets in development (expected opening schedule based on calendar
year):

●     2024: Porto

●     2024: Barcelona

●     2024: Bahrain

●     2024: Vancouver

●     2025: Abu Dhabi

●     2025: Osaka

●     2027: Prague

●     2027: Riyadh

 

 

 For further information, please contact:

 Time Out Group plc                                     Tel: +44 (0)207 813 3000
 Chris Ohlund, CEO
 Matt Pritchard, CFO
 Steven Tredget, Investor Relations Director

 Liberum (Nominated Adviser and Broker)                 Tel: +44 (0)203 100 2222
 Andrew Godber / Edward Thomas / Miquela Bezuidenhoudt

 FTI Consulting LLP                                     Tel: +44 (0)203 727 1000
 Edward Bridges / Stephanie Ellis / Fiona Walker

 

 

Notes to editors

 

About Time Out Group

Time Out Group is a global media and hospitality business that inspires and
enables people to experience the best of the city through its two divisions -
Time Out Media and Time Out Market. Time Out launched in London in 1968 to
help people discover the exciting new urban cultures that had started up all
over the city - today it is the only global brand dedicated to city life.
Expert journalists curate and create content about the best things to Do, See
and Eat across 333 cities in 59 countries and across a unique multi-platform
model spanning both digital and physical channels. Time Out Market is the
world's first editorially curated food and cultural market, bringing a city's
best chefs, restaurateurs and unique cultural experiences together under one
roof. The portfolio includes open Markets in six cities such as Lisbon, New
York and Dubai, several new locations with expected opening dates in 2023 and
beyond, in addition to a pipeline of further locations in advanced
discussions. Time Out Group PLC, listed on AIM, is headquartered in London
(UK).

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