Last checked at 29 May 2018 15:04
29 May 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 1,250,000 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 potential requirements: to allot shares under the Company's Long Term Incentive Plan in relation to the acquisition of Leanworks as announced on 21 October 2016; and potential deferred share consideration for the Group's acquisition of its Spanish licensing partner as announced on 5 September 2017. It is expected that admission will become effective on 31 May 2018.
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 / Jill Li | |
FTI Consulting LLP | Tel: +44 (0)203 727 1000 |
Edward Bridges / Stephanie Ellis / Emma Hall |
Notes to editors
About Time Out Group plc
Time Out Group is the leading global media and entertainment business with a content distribution network comprising digital, mobile, apps, social media and print and a 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 make the most of a city, through curated content around food, drink, music, theatre, art, travel and entertainment. Time Out, listed on AIM and headquartered in the United Kingdom, is present in 108 cities in 39 countries and has an average global monthly audience reach of 217 million.