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TMO Time Out Group Plc

52.50
0.00 (0.00%)
Last Updated: 07:31:52
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Time Out Group Plc LSE:TMO London Ordinary Share GB00BYYV0629 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 52.50 50.00 55.00 52.50 52.50 52.50 0.00 07:31:52
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Services, Nec 104.64M -26.12M -0.0771 -6.81 177.77M

Time Out Group plc Grant of Options (3321V)

05/04/2019 3:00pm

UK Regulatory


Time Out (LSE:TMO)
Historical Stock Chart


From May 2019 to May 2024

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TIDMTMO

RNS Number : 3321V

Time Out Group plc

05 April 2019

5 April 2019

Time Out Group Plc

("Time Out" or the "Company")

Grant of Options

Time Out Group plc (AIM: TMO), the global media and entertainment business, and its Remuneration Committee announce that on 2(nd) April 2019, the following nil cost options and options exercisable at GBP0.90 have been granted to Persons Discharging Managerial Responsibility of the Company.

 
 Name          Options Granted   Conditions 
 Julio Bruno   1,000,000         Exercisable at GBP0.90 in 
                                  three equal tranches, the 
                                  first exercisable from 2(nd) 
                                  April 2020, the second from 
                                  2(nd) April 2021, and the 
                                  third from 2(nd) April 2022 
              ----------------  ------------------------------ 
 Julio Bruno   600,000           Exercisable at nil cost in 
                                  three equal tranches, the 
                                  first exercisable from 2(nd) 
                                  April 2020, the second from 
                                  2(nd) April 2021, and the 
                                  third from 2(nd) April 2022 
              ----------------  ------------------------------ 
 Adam Silver   700,000           Exercisable at GBP0.90 in 
                                  three equal tranches, the 
                                  first exercisable from 2(nd) 
                                  April 2020, the second from 
                                  2(nd) April 2021, and the 
                                  third from 2(nd) April 2022 
              ----------------  ------------------------------ 
 Adam Silver   300,000           Exercisable at nil cost in 
                                  three equal tranches, the 
                                  first exercisable from 2(nd) 
                                  April 2020, the second from 
                                  2(nd) April 2021, and the 
                                  third from 2(nd) April 2022 
              ----------------  ------------------------------ 
 

The options are issued under the Time Out Group plc Long Term Incentive Plan.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                         Julio Bruno 
     ---------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status              CEO, Time Out Group plc 
     ---------------------------  ------------------------------------------ 
 b)   Initial notification/        Initial Notification 
       Amendment 
     ---------------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ----------------------------------------------------------------------- 
 a)   Name                         Time Out Group plc 
     ---------------------------  ------------------------------------------ 
 b)   LEI                          213800BWH4OF8S4R8K10 
     ---------------------------  ------------------------------------------ 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type 
       of transaction; (iii) each date; and (iv) each 
       place where transactions have been conducted 
     ----------------------------------------------------------------------- 
 a)   Description                  Options over Ordinary shares of GBP0.001 
       of the financial             in Time Out Group plc 
       instrument, 
       type of instrument 
 
 
       Identification 
       code                         ISIN: GB00BYYV0629 
     ---------------------------  ------------------------------------------ 
 b)   Nature of                    Grant of options under Time Out Group 
       the transaction              plc Long Term Incentive Plan 
     ---------------------------  ------------------------------------------ 
 c)   Price(s)                       Price(s)            Volume(s) 
       and volume(s) 
                                       GBPN/A GBP 
 
                                       (1,000,000 
                                       exercisable 
                                       at 90p, 600,000 
                                       exercisable 
                                       at nil cost)        1,600,000 
                                                         ----------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated 
       information 
 
        *    Aggregated volume       Options over 1,600,000 shares 
 
 
                                     GBPN/A GBP 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the                  2 April 2019 
       transaction 
     ---------------------------  ------------------------------------------ 
 f)   Place of                     London 
       the transaction 
     ---------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                         Adam Silver 
     ---------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status              CFO, Time Out Group plc 
     ---------------------------  ------------------------------------------ 
 b)   Initial notification/        Initial Notification 
       Amendment 
     ---------------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ----------------------------------------------------------------------- 
 a)   Name                         Time Out Group plc 
     ---------------------------  ------------------------------------------ 
 b)   LEI                          213800BWH4OF8S4R8K10 
     ---------------------------  ------------------------------------------ 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type 
       of transaction; (iii) each date; and (iv) each 
       place where transactions have been conducted 
     ----------------------------------------------------------------------- 
 a)   Description                  Options over Ordinary shares of GBP0.001 
       of the financial             in Time Out Group plc 
       instrument, 
       type of instrument 
 
 
       Identification 
       code                         ISIN: GB00BYYV0629 
     ---------------------------  ------------------------------------------ 
 b)   Nature of                    Grant of options under Time Out Group 
       the transaction              plc Long Term Incentive Plan 
     ---------------------------  ------------------------------------------ 
 c)   Price(s)                       Price(s)                 Volume(s) 
       and volume(s) 
                                       GBPN/A GBP 
 
                                       (700,000 exercisable 
                                       at 90p, 300,000 
                                       exercisable 
                                       at nil cost)             1,000,000 
                                                              ----------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated 
       information 
 
        *    Aggregated volume       Options over 1,000,000 shares 
 
 
                                     GBPN/A GBP 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the                  2 April 2019 
       transaction 
     ---------------------------  ------------------------------------------ 
 f)   Place of                     London 
       the transaction 
     ---------------------------  ------------------------------------------ 
 
 
 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 (Nominated Adviser and Broker)        Tel: +44 (0)203 
                                                100 2222 
 Steve Pearce / 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 global media and entertainment business that helps people make the most of the city. Its digital and physical presence comprises websites, mobile, magazines, Live Events and Time Out Market. Across these platforms Time Out distributes its curated content around the best 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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April 05, 2019 10:00 ET (14:00 GMT)

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