Block Listing Application

RNS Number : 5730P

Time Out Group plc

29 May 2018

 

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: [phone]
Julio Bruno, CEO
Adam Silver, CFO
Steven Tredget, Investor Relations Director
Liberum Capital Limited (Nominated Adviser and Broker)	Tel: [phone]
Steve Pearce / Jill Li
FTI Consulting LLP	Tel: [phone]
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.

 

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