REG - Time Out Group plc - Block Admission Application

Time OutAnnouncement

25/03/2022 17:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220325:nRSY1315Ga&default-theme=true

RNS Number : 1315G  Time Out Group plc  25 March 2022

25 March 2022

Time Out Group plc

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

Block Admission Application

Time Out Group plc (AIM: TMO), the global media and hospitality business,
provides notification that a new block admission application (the "New Block
Admission Application") has been made to the London Stock Exchange for the
admission to trading on AIM of 2,000,000 ordinary shares of 0.1 pence each in
the Company (the "New Ordinary Shares").

The New Ordinary Shares will be issued from time to time in order to satisfy
the requirement to allot shares under the Company's Long Term Incentive Plan.
It is expected that admission will become effective on 31 March 2022.

This New Block Admission Application is in addition to the Company's existing
block admission of 700,000 shares announced on 15 October 2020 (the "Existing
Block Admission"). The Company has currently allotted 107,581 shares under the
Existing Block Admission.

When issued, the New Ordinary Shares will be credited as fully paid and will
rank pari passu in all respects with the existing ordinary shares of 0.1 pence
each in the capital of the Company.

 

 For further information, please contact:

 Time Out Group plc                               Tel: +44 (0)207 813 3000
 Chris Ohlund, CEO

 Steven Tredget, Investor Relations Director

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

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

 

Notes to editors

About Time Out Group plc

Time Out Group is a global media and hospitality business that inspires
connection and joy by capturing the soul of the world's greatest cities
through its two divisions ‐ Time Out Media and Time Out Market. Time Out
launched in London in 1968 with a magazine to help people discover the
exciting new urban cultures that had started up all over the city. Today,
across the Group's digital and physical platforms, Time Out's professional
journalists curate the best things to do, see and eat in 331 cities in 59
countries.

 

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 first Time Out Market opened in
Lisbon in 2014, followed in 2019 by Miami, New York, Boston, Chicago and
Montreal, and Dubai in 2021. A further pipeline of openings includes Porto,
Abu Dhabi, Prague, London and more.

 

Time Out Group, listed on AIM, is headquartered in the United Kingdom.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ALSQELFLLXLEBBQ