Time Out Group plc Board Change (6860U)
July 31 2020 - 2:00AM
UK Regulatory
TIDMTMO
RNS Number : 6860U
Time Out Group plc
31 July 2020
31 July 2020
Time Out Group plc
("Time Out" or the "Company")
Board Change
Time Out Group (AIM: TMO), the global media and leisure
business, today announces that Adam Silver has decided to step down
from the Board, with effect from July 31(st) 2020 and leave the
Company for personal reasons. As a result, the Board has begun a
formal process to identify and appoint a successor to Adam.
Julio Bruno, CEO of Time Out Group plc, stated:
"On behalf of the Board of Directors I would like to thank Adam
for his valuable contribution during his tenure as the CFO of Time
Out Group plc., at a time of significant transformation. Adam
joined February 2018 and throughout his time the Company continued
its growth and diversification, successfully opening five new Time
Out Markets in North America while delivering significant
operational efficiencies throughout the business. Adam leaves the
Board and the Company with our very best wishes "
This announcement is released by Time Out Group plc and contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) 596/2014 (MAR), and is disclosed in
accordance with the Company's obligations under Article 17 of
MAR.
For further information, please contact:
Time Out Group plc Tel: +44 (0)207
813 3000
Julio Bruno, CEO
Steven Tredget, Investor Relations
Director
Liberum (Nominated Adviser and Broker) Tel: +44 (0)203
100 2222
Clayton Bush / Andrew Godber / Edward
Thomas
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 leisure 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 327 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 opened in Lisbon in 2014 and Miami, New York,
Boston, Montreal and Chicago followed in 2019 with a further
pipeline in other global locations. Time Out Group, 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
BOARMMMTMTMJTPM
(END) Dow Jones Newswires
July 31, 2020 03:00 ET (07:00 GMT)
Time Out (LSE:TMO)
Historical Stock Chart
From Apr 2024 to May 2024
Time Out (LSE:TMO)
Historical Stock Chart
From May 2023 to May 2024