Time Out Group plc Notification of Directors' Interests (5479H)
16 November 2018 - 5:10AM
UK Regulatory
TIDMTMO
RNS Number : 5479H
Time Out Group plc
15 November 2018
15 November 2018
Time Out Group Plc
("Time Out" or the "Company")
Notification of Directors' Interests
The Company announces that Christine Petersen, Executive
Director, notified the Company on 15 November 2018 that she
exercised options over a total of 50,000 Ordinary Shares awarded on
21 April 2017 under the Company's Long Term Incentive Plan. The
options were nil cost. Ms. Petersen sold all 50,000 of the Ordinary
Shares exercised at an average price of 77 pence per share on the
same day.
Following this notification, Ms. Petersen does not hold any
shares in the Company and continues to have options over a maximum
of 1,650,000 Ordinary Shares.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Christine Petersen
--------------------------- ------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Executive Director
--------------------------- ------------------------------------------
b) Initial notification/ Initial Notification
Amendment
--------------------------- ------------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
-----------------------------------------------------------------------
a) Name Time Out Group plc
--------------------------- ------------------------------------------
b) LEI 213800BWH4OF8S4R8K10
--------------------------- ------------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type
of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
-----------------------------------------------------------------------
a) Description
of the financial Ordinary shares in Time Out Group plc
instrument,
type of instrument
Identification ISIN: GB00BYYV0629
code
--------------------------- ------------------------------------------
b) Nature of Exercise of nil cost options awarded
the transaction 21 April 2017 under Time out Group Plc
Long Term Incentive Plan
--------------------------- ------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s)
n/a 50,000
----------
--------------------------- ------------------------------------------
d) Aggregated n/a (single transaction)
information
* Aggregated volume
* Price
--------------------------- ------------------------------------------
e) Date of the 15 November 2018
transaction
--------------------------- ------------------------------------------
f) Place of London Stock Exchange, AIM
the transaction
--------------------------- ------------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Christine Petersen
--------------------------- ------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Executive Director
--------------------------- ------------------------------------------
b) Initial notification/ Initial Notification
Amendment
--------------------------- ------------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
-----------------------------------------------------------------------
a) Name Time Out Group plc
--------------------------- ------------------------------------------
b) LEI 213800BWH4OF8S4R8K10
--------------------------- ------------------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type
of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
-----------------------------------------------------------------------
a) Description
of the financial Ordinary shares in Time Out Group plc
instrument,
type of instrument
Identification ISIN: GB00BYYV0629
code
--------------------------- ------------------------------------------
b) Nature of Sales of shares following exercise of
the transaction options
--------------------------- ------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s)
GBP0.77 50,000
----------
--------------------------- ------------------------------------------
d) Aggregated n/a (single transaction)
information
* Aggregated volume
* Price
--------------------------- ------------------------------------------
e) Date of the 15 November 2018
transaction
--------------------------- ------------------------------------------
f) Place of London Stock Exchange, AIM
the transaction
--------------------------- ------------------------------------------
For further information, please contact:
Time Out Group plc Tel: +44 (0)207 813 3000
Julio Bruno, CEO
Adam Silver, CFO
Steven Tredget, Investor Relations Director
Liberum Capital Limited (Nominated Adviser and Broker) Tel: +44
(0)203 100 2222
Steve Pearce / Cameron Duncan / Trystan Cullen
FTI Consulting LLP Tel: +44 (0)203 727 1000
Edward Bridges / Stephanie Ellis
Notes to editors
About Time Out Group plc
Time Out Group is a multi-platform media and e-commerce business
with a global content distribution network comprising magazines,
online, mobile apps, mobile web and 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 experience the best of a city, through curated content
around food, drink, music, theatre, art, travel and entertainment
across 315 cities and in 58 countries. Time Out, 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 or visit www.rns.com.
END
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