Last checked at 7 Nov 2018 07:00
7 November 2018
Time Out Group plc
("Time Out", the "Company" or the "Group")
Block Listing Application
Time Out Group plc (AIM: TMO), the global media and entertainment business, provides notification that a block listing application has been made to the London Stock Exchange for the admission to trading on AIM of up to 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 8 November 2018.
The Company has allotted 1,239,002 shares under its existing block admission of 1,250,000 shares announced on 29 May 2018 in respect of the Company's Long Term Incentive Plan and deferred share consideration for certain acquisitions.
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 |
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.