REG - Time Out Group plc - Exercise of options and total voting rights

Time OutAnnouncement

19/11/2021 14:00

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RNS Number : 0121T  Time Out Group plc  19 November 2021

19 November 2021

 

Time Out Group plc

("Time Out" or the "Company")

 

Exercise of options and total voting rights

 

Time Out Group plc (AIM: TMO), the global media and hospitality business,
announces that on 19 November 2021 it has made an application for 3,613,333
new Ordinary Shares to be admitted to trading on AIM, which is expected to
take place on 22(nd) November 2021. The new Ordinary Shares, which will
satisfy the exercise of nil cost options awarded under the Company's Long Term
Incentive Plan, will rank pari pasu with the existing Ordinary Shares in
issue.

 

Total Voting Rights

 

In accordance with the provisions of the Disclosure Guidance and Transparency
Rules of the FCA, the Company confirms that, following this issue, its issued
and fully paid share capital will comprise 335,573,750 Ordinary Shares. All
Ordinary Shares shall have equal voting rights and none of the Ordinary Shares
are held in treasury. Accordingly, the figure of 335,573,750 may be used by
shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in the Company under the FCA's Disclosure Guidance and
Transparency Rules.

 

 

-ENDS-

 

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

 

 

Notes to editors

 

About Time Out Group

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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