21 October 2021
Time Out Group plc
("Time Out", the "Company" or the "Group")
Block Admission Six Monthly Return
Time Out Group plc (AIM: TMO), the global media and entertainment business, today makes the following notification pursuant to AIM Rule 29 and Schedule 6 of the AIM Rules for Companies regarding its existing block listing announced on 15 October 2020, effective 21 October 2020.
The Company has now allotted 99,247 shares under its existing block admission of 700,000 shares announced on 15 October 2020, effective 21 October 2020, in respect of the Company's Long Term Incentive Plan.
Name of Company |
Time Out Group plc |
Name of Scheme |
Time Out Group plc Long Term Incentive Plan |
Period of Return (from / to) |
21 April 2021 to 20 October 2021 |
Number and class of securities not issued at the start of the period under the scheme |
617,420 ordinary shares of 0.1 pence each |
Number of securities issued under the scheme during the period |
16,667 ordinary shares |
Balance under the scheme of securities not yet issued at the end of the period |
600,753 ordinary shares |
Number and class of securities originally admitted and the date of admission |
700,000 ordinary shares admitted on 21 October 2020 |
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 |
Julio Bruno, CEO |
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Steven Tredget, Investor Relations Director |
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Liberum (Nominated Adviser and Broker) |
Tel: +44 (0)203 100 2000 |
Andrew Godber / Clayton Bush / Edward Thomas |
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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 helps people explore and experience the best of the city 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, the Group's digital and physical presence comprises websites, mobile, magazines, live events and Time Out Market. Across these platforms Time Out distributes its curated content - written by professional journalists - around the best food, drink, culture, entertainment and travel across 328 cities in 58 countries.
Time Out Market is a food and cultural market which brings the best of the city under one roof: its best chefs, drinks and cultural experiences - based on editorial curation. The first Time Out Market debuted in 2014, attracting locals and tourists with 4.1m visitors in 2019. The success of Lisbon brought further expansion in North America, launching in five major cities including Miami, New York, Boston, Chicago and Montréal. At the beginning of 2021, Time Out Market expanded into the Middle East with Time Out Market Dubai. More Time Out Market locations are in the pipeline including Prague, Abu Dhabi and Porto. Time Out Group, listed on AIM, is headquartered in the United Kingdom.