REG - Time Out Group plc - Block Admissions Application

Time OutAnnouncement

26/02/2024 16:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240226:nRSZ4988Ea&default-theme=true

RNS Number : 4988E  Time Out Group plc  26 February 2024

26 February 2024

 

Time Out Group plc

 

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

 

Block Admissions 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 2,500,000 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 1 March 2024.

 

This New Block Admission Application is in addition to the Company's existing
block admission of 2,500,000 shares announced on 30 June 2023 (the "Existing
Block Admission"). The Company has currently allotted 430,587 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

 Matt Pritchard, CFO
 Steven Tredget, Investor Relations Director

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

 Joshua Borlant

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

 

Notes to editors

 

About Time Out Group plc

Time Out Group is a global media and hospitality business that inspires and
enables people to experience the best of the city through 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 seven open Markets in cities such as Lisbon, New York and Dubai,
several new locations with expected opening dates in 2024 and beyond, in
addition to a pipeline of further locations in advanced discussions. Time Out
Group PLC, 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  ALSBLGDDRGDDGSL