Last checked at 21 Apr 2022 17:09
21 April 2022
Time Out Group plc
("Time Out", the "Company" or the "Group")
Block Admissions Six Monthly Return
Time Out Group plc (AIM: TMO), the global media and hospitality business, today makes the following notification pursuant to AIM Rule 29 and Schedule 6 of the AIM Rules for Companies regarding its existing block admissions announced on 15 October 2020, effective 21 October 2020 (the "2020 Block Admission") and announced on 25 March 2022, effective 31 March 2022 (the "2022 Block Admission").
The Company has now allotted a total of 265,914 shares under the 2020 Block Admission of 700,000 shares, in respect of the Company's Long Term Incentive Plan. The Company is yet to allot shares under the 2022 Block Admission of 2,000,000 shares, in respect of the Company's Long Term Incentive Plan.
Name of Company | Time Out Group plc |
Name of Scheme | a. 2020 Block Admission in respect of the Time Out Group plc Long Term Incentive Plan b. 2022 Block Admission in respect of the Time Out Group plc Long Term Incentive Plan |
Period of Return (from / to) | a. 21 October 2021 to 20 April 2022 b. 31 March 2022 to 20 April 2022 |
Number and class of securities not issued at the start of the period under the scheme | a. 600,753 ordinary shares of 0.1 pence each b. 2,000,000 ordinary shares of 0.1 pence each |
Number of securities issued under the scheme during the period | a. 166,667 ordinary shares b. Nil |
Balance under the scheme of securities not yet issued at the end of the period | a. 434,086 ordinary shares b. 2,000,000 ordinary shares |
Number and class of securities originally admitted and the date of admission | a. 700,000 ordinary shares admitted on 21 October 2020 b. 2,000,000 ordinary shares admitted on 31 March 2022 |
Name of contact and telephone number | Anne Crompton - General Counsel & Company Secretary +44 (0)207 813 3000 |
For further information, please contact: |
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Time Out Group plc | Tel: +44 (0)207 813 3000 |
Chris Ohlund, CEO |
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Steven Tredget, Investor Relations Director |
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Liberum (Nominated Adviser and Broker) | Tel: +44 (0)203 100 2222 |
Andrew Godber / Clayton Bush /Edward Thomas / Miquela Bezuidenhoudt |
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FTI Consulting LLP | Tel: +44 (0)203 727 1000 |
Edward Bridges / Stephanie Ellis / Fiona Walker |
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Notes to editors
About Time Out Group plc
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.