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RNS Number : 9374Z Time Out Group plc 18 May 2023
18 May 2023
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 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 all of the shares under the 2020 Block Admission
of 700,000 shares.
The Company has now allotted a total of 1,385,081 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 2022 Block Admission in respect of the Time Out Group plc Long Term Incentive
Plan
Period of Return (from / to) 21 October 2022 to 20 April 2023
Number and class of securities not issued at the start of the period under the 2,000,000 ordinary shares of 0.1 pence each
scheme
Number of securities issued under the scheme during the period 1,385,081 ordinary shares of 0.1 pence each
Balance under the scheme of securities not yet issued at the end of the period 614,919 ordinary shares of 0.1 pence each
Number and class of securities originally admitted and the date of admission 2,000,000 ordinary shares of 0.1 pence each admitted on 31 March 2022
Name of contact and telephone number Emma Humphrey - 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
Patrick Foley, CFO
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 and
helps people 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 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 the United Kingdom.
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