Time Out Group plc Block Admission Application (5801E)
30 June 2023 - 9:17PM
UK Regulatory
TIDMTMO
RNS Number : 5801E
Time Out Group plc
30 June 2023
30 June 2023
Time Out Group plc
("Time Out", the "Company" or the "Group")
Block Admission Application
Time Out Group plc (AIM: TMO), the global media and hospitality
business, provides notification that a new block admission
application (the "New Block Admission Application") has been made
to the London Stock Exchange for the admission to trading on AIM of
2,500,000 ordinary shares of 0.1 pence each in the Company (the
"New Ordinary Shares").
The New Ordinary Shares will be issued from time to time in
order to satisfy the requirement to allot shares under the
Company's Long Term Incentive Plan. It is expected that admission
will become effective on 5 July 2023 .
This New Block Admission Application is in addition to the
Company's existing block admission of 2,000,000 shares announced on
25 March 2022 (the "Existing Block Admission"). The Company has
currently allotted 1,410,081 shares under the Existing Block
Admission.
When issued, the New Ordinary Shares will be credited as fully
paid and will rank pari passu in all respects with the existing
ordinary shares of 0.1 pence each in the capital of the
Company.
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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END
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