Time Out (GB:TMO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Time Out Group plc has successfully raised approximately £8.4 million through the placement of 16.8 million new ordinary shares at 50 pence each. This move sees participation from key directors and major shareholders, including significant involvement from Oakley Capital Investments and Lombard Odier. The proceeds will bolster the company’s financial position as it prepares for new strategic ventures.
For further insights into GB:TMO stock, check out TipRanks’ Stock Analysis page.
