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Pin to quick picksTime Out Share News (TMO)

Share Price Information for Time Out (TMO)

London Stock Exchange
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Share Price: 51.50
Bid: 50.00
Ask: 53.00
Change: -1.00 (-1.90%)
Spread: 3.00 (6.00%)
Open: 52.50
High: 52.50
Low: 51.50
Prev. Close: 52.50
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Time Out Proposes GBP17 Million Share Placing Amid Expansion Plans

Mon, 07th Oct 2019 12:57

(Alliance News) - Time Out Group PLC on Monday proposed a GBP17 million share placing at a slight premium to help fund the continued roll-out of its Time Out Market venues.

Time Out proposed to place up to 13.5 million shares at 127 pence per share each, equivalent to GBP17.1 million in total. The placing shares will represent around 10% of existing share capital.

Shares in Time Out were 1.1% higher at 127.90 pence in London on Monday, giving it a market capitalisation of around GBP172 million.

The AIM-listed publisher said it would use the funds to invest in its "next stage of development". In particular, Time Out expects to use the cash raised to continue to roll-out its food-venue business Time Out Market, as well as reduce debt levels.

By Ahren Lester; ahrenlester@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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3 May 2024 14:13

IN BRIEF: Time Out celebrates opening of market in Porto, Portugal

Time Out Group PLC - London-based global media and hospitality business - Says Time Out Market Porto in Portugal has opened on Friday. It is the company's eighth food and cultural market, while it has signed another eight which are due to open between 2024 and 2027, including in Budapest which Time Out had announced in April. The market in Porto is located in the south wing of the Sao Bento station. "Across approximately two thousand square metres, Time Out Market Porto will be home to 12 kitchens, two bars, an outdoor space and a tower - with views over the city - with a shop and a restaurant offering wine experiences," the company says. Time Out plans to open markets apart from Budapest in Barcelona, Bahrain, Osaka, Vancouver, Abu Dhabi, Prague and Riyadh.

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3 May 2024 11:12

Time Out opens its eighth market in Porto

(Sharecast News) - Media and hospitality company Time Out Group announced the opening of Time Out Market Porto in Portugal on Friday.

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17 Apr 2024 15:32

Time Out signs deal to open market in Budapest

(Sharecast News) - Media and hospitality company Time Out Group announced plans for a new Time Out Market in Budapest on Wednesday, through a management agreement with Corvin Food Market.

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17 Apr 2024 11:48

Time Out to open Budapest market under new management deal

(Alliance News) - Time Out Group PLC on Wednesday said it has struck a management deal with Corvin Food Market Kft for the opening of a new Time Out Market in Budapest.

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5 Mar 2024 20:43

EARNINGS: dotdigital eyes rosy future; Beeks Financial turns to profit

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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29 Dec 2023 08:24

Oakley Capital Investments' direct stake in Time Out grows to 38%

(Alliance News) - Oakley Capital Investments Ltd on Friday said its direct shareholding in London-based publisher and food markets operator Time Out Group PLC has increased as a result of a transfer of shares.

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17 Nov 2023 12:02

Time Out opens its seventh market in Cape Town

(Sharecast News) - Time Out Group officially opened the Time Out Market in Cape Town on Friday, marking its seventh food and cultural market worldwide.

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17 Nov 2023 11:47

IN BRIEF: Time Out celebrates opening of Cape Town market

Time Out Group PLC - Global media and hospitality business - Announces that Time Out Market Cape Town opened to the public on Friday. The venue is Time Out's seventh food and cultural market, with a further eight signed and due to open between 2024 and 2027. It is also the first Time Out Market to open on the African continent.

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14 Nov 2023 14:21

TRADING UPDATES: Byotrol interim sales flat; Argo loss narrows

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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8 Nov 2023 11:28

Time Out eyes payout from potential deals to salve widened annual loss

(Alliance News) - Time Out Group PLC on Wednesday reported a widened annual loss amid higher costs.

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8 Nov 2023 11:14

AIM WINNERS & LOSERS: eEnergy surges after Luceco backing

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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8 Nov 2023 07:45

LONDON BRIEFING: M&S profit surges; JD Wetherspoon upping investment

(Alliance News) - London's FTSE 100 is called to open lower on Wednesday, with equities on the back foot after more hawkish comments from a US central banker.

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1 Nov 2023 15:44

UK earnings, trading statements calendar - next 7 days

Thursday 2 November 
BT Group PLCHalf Year Results
Derwent London PLCTrading Statement
Entain PLCTrading Statement
Haleon PLCQ3 Results
Helios Towers PLCQ3 Results
Hikma Pharmaceuticals PLCTrading Statement
Howden Joinery Group PLCTrading Statement
J Sainsbury PLCHalf Year Results
Kin & Carta PLCFull Year Results
OSB Group PLCTrading Statement
Shell PLCQ3 Results
Smith & Nephew PLCQ3 Results
TI Fluid Systems PLCTrading Statement
Trainline PLCHalf Year Results
Friday 3 November 
no events scheduled 
Monday 6 November 
Kingspan Group PLCTrading Statement
Kosmos Energy LtdQ3 Results
Ryanair Holdings PLCHalf Year Results
Tuesday 7 November 
Associated British Foods PLCFull Year Results
Beazley PLCQ3 Results
Direct Line Insurance Group PLCTrading Statement
dotdigital Group PLCFull Year Results
IWG PLCQ3 Results
Persimmon PLCTrading Statement
RS Group PLCHalf Year Results
Vaalco Energy IncQ3 Results
Watches of Switzerland Group PLCTrading Statement
Wednesday 8 November 
Conduit Holdings LtdQ3 Results
ITV PLCTrading Statement
JD Wetherspoon PLCQ1 Results
Marks & Spencer Group PLCHalf Year Results
MaxCyte IncQ3 Results
Secure Trust Bank PLCTrading Statement
Smiths News PLCFull Year Results
Time Out Group PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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30 Mar 2023 17:55

TRADING UPDATES: Time Out revenue rises; Arbuthnot gets rates boost

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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27 Jan 2023 18:56

TRADING UPDATES: Diaceutics wins two deals; Faron proposes placing

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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