Time Out Group plc Block Admissions Six Monthly Return (9374Z)

TIDMTMO

RNS Number : 9374Z

Time Out Group plc

18 May 2023

18 May 2023

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 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 all of the shares under the 2020 Block Admission of 700,000 shares.

The Company has now allotted a total of 1,385,081 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             2022 Block Admission in respect 
                             of the Time Out Group plc Long 
                             Term Incentive Plan 
                           --------------------------------- 
 Period of Return (from     21 October 2022 to 20 April 2023 
  / to) 
                           --------------------------------- 
 Number and class of        2,000,000 ordinary shares of 0.1 
  securities not issued      pence each 
  at the start of the 
  period under the scheme 
                           --------------------------------- 
 Number of securities       1,385,081 ordinary shares of 0.1 
  issued under the scheme    pence each 
  during the period 
                           --------------------------------- 
 Balance under the scheme   614,919 ordinary shares of 0.1 
  of securities not yet      pence each 
  issued at the end of 
  the period 
                           --------------------------------- 
 Number and class of        2,000,000 ordinary shares of 0.1 
  securities originally      pence each admitted on 31 March 
  admitted and the date      2022 
  of admission 
                           --------------------------------- 
 Name of contact and        Emma Humphrey - General Counsel 
  telephone number           & Company Secretary 
                             [phone] 
                           --------------------------------- 
 
 
 For further information, please contact: 
 
 Time Out Group plc                            Tel: +44 (0)207 
                                                813 3000 
 Chris Ohlund, CEO 
 Patrick Foley, CFO 
 Steven Tredget, Investor Relations Director 
 
 Liberum (Nominated Adviser and Broker)        Tel: +44 (0)203 
                                                100 2222 
 Andrew Godber / Clayton Bush / 
  Edward Thomas / Miquela Bezuidenhoudt 
 
 FTI Consulting LLP                            Tel: +44 (0)203 
                                                727 1000 
 Edward Bridges / Stephanie Ellis / Fiona 
  Walker 
 

Notes to editors

About Time Out Group plc

Time Out Group is a global media and hospitality business that inspires and helps people experience the best of the city through its two divisions - Time Out Media and Time Out Market. Time Out launched in London in 1968 to help people discover the exciting new urban cultures that had started up all over the city - today it is the only global brand dedicated to city life. Expert journalists curate and create content about the best things to Do, See and Eat across 333 cities in 59 countries and across a unique multi-platform model spanning both digital and physical channels. 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 portfolio includes open Markets in cities such as Lisbon, New York and Dubai, several new locations with expected opening dates in 2023 and beyond, in addition to a pipeline of further locations in advanced discussions. Time Out Group PLC, listed on AIM, is headquartered in the United Kingdom.

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May 18, 2023 10:46 ET (14:46 GMT)