Time Out (GB:TMO) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.