REG - Time Out Group plc - Block Admissions Six Monthly Return

Time OutAnnouncement

21/04/2022 17:15

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RNS Number : 9658I  Time Out Group plc  21 April 2022

21 April 2022

 

Time Out Group plc

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

Block Admissions Six Monthly Return

Time Out Group plc (AIM: TMO), the global media and hospitality business,
today makes the following notification pursuant to AIM Rule 29 and Schedule 6
of the AIM Rules for Companies regarding its existing block admissions
announced on 15 October 2020, effective 21 October 2020 (the "2020 Block
Admission") and announced on 25 March 2022, effective 31 March 2022 (the "2022
Block Admission").

The Company has now allotted a total of 265,914 shares under the 2020 Block
Admission of 700,000 shares, in respect of the Company's Long Term Incentive
Plan. The Company is yet to allot shares under the 2022 Block Admission of
2,000,000 shares, in respect of the Company's Long Term Incentive Plan.

 Name of Company                                                                 Time Out Group plc
 Name of Scheme                                                                  a.    2020 Block Admission in respect of the Time Out Group plc Long Term
                                                                                 Incentive Plan

                                                                                 b.    2022 Block Admission in respect of the Time Out Group plc Long Term
                                                                                 Incentive Plan
 Period of Return (from / to)                                                    a.    21 October 2021 to 20 April 2022

                                                                                 b.    31 March 2022 to 20 April 2022
 Number and class of securities not issued at the start of the period under the  a.    600,753 ordinary shares of 0.1 pence each
 scheme

                                                                                 b.    2,000,000 ordinary shares of 0.1 pence each
 Number of securities issued under the scheme during the period                  a.    166,667 ordinary shares

                                                                                 b.    Nil
 Balance under the scheme of securities not yet issued at the end of the period  a.    434,086 ordinary shares

                                                                                 b.    2,000,000 ordinary shares
 Number and class of securities originally admitted and the date of admission    a.    700,000 ordinary shares admitted on 21 October 2020

                                                                                 b.    2,000,000 ordinary shares admitted on 31 March 2022
 Name of contact and telephone number                                            Anne Crompton - General Counsel & Company Secretary

                                                                                 +44 (0)207 813 3000

 

 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
 Andrew Godber / Clayton Bush /

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 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.

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