Time Out Group plc Appointment of Chief Financial Officer (1412J)
28 March 2018 - 5:01PM
UK Regulatory
TIDMTMO
RNS Number : 1412J
Time Out Group plc
28 March 2018
28 March 2018
Time Out Group plc
("Time Out", the "Company" or the "Group")
Appointment of Chief Financial Officer
Time Out Group plc (AIM: TMO), the global media and
entertainment business, is pleased to announce that Adam Silver
will be appointed Chief Financial Officer and to the Board of
Directors with effect from 29 March 2018.
Adam Silver, who is London based, brings many years of
experience in growth companies. He joins from Just Eat where he was
UK CFO, having joined prior to its listing on the main market of
the London Stock Exchange. Prior to Just Eat, he was Group CFO and
co-founder of The Karma Communications Group, a private equity
backed marketing services group. Previously, Adam was an Investment
Director at Ingenious Media and Hamilton Bradshaw, where he led
growth capital investments in the media sector. Adam qualified as a
Chartered Accountant at KPMG where he also spent a number of years
within the Strategic & Commercial Intelligence practice in
London and New York. Adam has a degree in Accounting and Finance
from the University of Leeds.
Adam succeeds Richard Boult who will step down as the Group's
CFO and from the Board at the same time to pursue new opportunities
and the Group thanks him for his contribution to the Company,
particularly leading up to and following its IPO.
Julio Bruno, CEO of Time Out Group plc, stated:
"I am delighted Adam is joining Time Out Group as its new CFO.
He brings outstanding financial and commercial experience and great
passion to the role; I look forward to working with him as we
continue to diversify and grow the business.
"Adam will take over from Richard Boult who joined in 2016
shortly before our successful IPO and played a key role during this
crucial time and milestone event for the Group. On behalf of the
whole team and the Board, I would like to thank Richard for his
great contribution and we wish him well in his future
endeavours."
The names of all companies and partnerships of which Adam
Silver, aged 42, has been a director or partner at any time in the
previous five years are set out below:
Previous directorships
--------------------------
Orogo Limited
--------------------------
Nifty Nosh Limited
--------------------------
Karma Communications
Group Limited
--------------------------
Karmarama Limited
--------------------------
Acquity Customer Insight
Limited
--------------------------
Crayon Retail Limited
--------------------------
Karma Communications
Debtco Limited
--------------------------
Karmarama Comms Limited
--------------------------
Kream Comms Limited
--------------------------
Karma Communications
Holdings Limited
--------------------------
K Comms Group Limited
--------------------------
Fusion Management Limited
--------------------------
BW 2012 Limited
--------------------------
There are no other matters which are required to be announced
pursuant to paragraph (g) of Schedule Two to the AIM Rules.
For further information,
please contact:
Time Out Group plc Tel: +44 (0)207 813
3000
Julio Bruno, CEO
Steven Tredget, Investor
Relations Director
Liberum Capital Limited Tel: +44 (0)203 100
(Nominated Adviser and Broker) 2222
Steve Pearce / Jill Li
FTI Consulting LLP Tel: +44 (0)203 727
1000
Edward Bridges / Stephanie
Ellis / Emma Hall
Notes to editors
About Time Out Group plc
Time Out Group is the leading global media and entertainment
business with a content distribution network comprising digital,
mobile, apps, social media and print and a physical presence via
Live Events and Time Out Market. Using these platforms and its
well-established global brand, Time Out seeks to inspire and enable
people to make the most of a city, through curated content around
food, drink, music, theatre, art, travel and entertainment. Time
Out, listed on AIM and headquartered in the United Kingdom, is
present in 108 cities in 39 countries and has an average global
monthly audience reach of 217 million.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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