Time Out Group Plc ("Time Out" or the "Company") Grant of Options

Transcription

1 Time Out Group Plc ("Time Out" or the "Company") 25 October 2016 Grant of Options Time Out Group plc (AIM: TMO), the global multi-platform media and e-commerce business with food & cultural markets, and its Remuneration Committee announce that on, the following options have been granted to Persons Dispensing Managerial Responsibility of the Company, exercisable at 141p. The options are issued under the Time Out Group plc Long Term Incentive Plan. Name Options Granted Conditions Noel Penzer 350,000 Exercisable in four equal tranches, the first exercisable from 23 August 2017, the second from 23 August 2018, the third from 23 August 2019, and the fourth from 23 Sarah Bartlett 266,667 Exercisable in three tranches each of 66,667, the first exercisable from 23 August 2017, the second from 23 August 2018, the third from 23 August 2019, and a final tranche of 66,666 exercisable from 23 Christine Petersen 150,000 Exercisable in four equal tranches, the first exercisable from 23 August 2017, the second from 23 August 2018, the third from 23 August 2019, and the fourth from 23 This announcement contains inside which is disclosed in accordance with the Market Abuse Regulation.

2 Notification and public disclosure of s by persons discharging managerial responsibilities and persons closely associated with them 1 Details of the person discharging managerial responsibilities/person closely associated a) Name Noel Penzer a) Position/status CEO, Time Out Digital 4 Details of the (s): section to be repeated for (i) each type of ; (ii) each type of ; (iii) each date; and (iv) each place where s have been conducted c) (s) and (s) (s) Volume(s) 350,000 d) Options over 350,000 shares

3 1 Details of the person discharging managerial responsibilities/person closely associated a) Name Sarah Bartlett a) Position/status Chief Marketing Officer, Time Out Group plc 4 Details of the (s): section to be repeated for (i) each type of ; (ii) each type of ; (iii) each date; and (iv) each place where s have been conducted c) (s) and (s) (s) Volume(s) 266,667 d) Options over 266,667 shares

4 1 Details of the person discharging managerial responsibilities/person closely associated a) Name Christine Petersen a) Position/status Non-executive Director, Time Out Group plc 4 Details of the (s): section to be repeated for (i) each type of ; (ii) each type of ; (iii) each date; and (iv) each place where s have been conducted c) (s) and (s) (s) Volume(s) 150,000 d) Options over 150,000 shares For further, please contact: Time Out Group plc Tel: +44 (0) Julio Bruno, CEO Richard Boult, CFO Liberum Capital Limited (Nominated Adviser and Broker) Tel: +44 (0) Steve Pearce / Steven Tredget / Jill Li

5 FTI Consulting LLP Tel: +44 (0) Edward Bridges / Stephanie Ellis / Emma Appleton Notes to editors About Time Out Group plc Time Out is a multi-platform media and e-commerce business with a global content distribution network comprising magazines, online, mobile apps, mobile web and 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 experience the best of a city, through curated content around food, drink, music, theatre, art, style, travel and entertainment. Time Out, listed on AIM and headquartered in the United Kingdom, has a presence in 108 cities and 39 countries with a monthly global digital audience reach of 137 million.