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Time Out ( (GB:TMO) ) has provided an update.
Time Out Group plc has announced the issuance of 42,334 ordinary shares, bringing its total share capital to 357,408,117 shares, each carrying one voting right. This update is significant for shareholders as it affects the calculation of their interests under the Financial Conduct Authority’s Disclosure and Transparency Rules, potentially impacting their reporting requirements.
Spark’s Take on GB:TMO Stock
According to Spark, TipRanks’ AI Analyst, GB:TMO is a Neutral.
The overall score is primarily influenced by financial performance and technical analysis. While there are operational improvements, challenges with revenue growth and high leverage persist. Technical indicators suggest bearish momentum, but the positive corporate event in India provides growth potential in a new market.
To see Spark’s full report on GB:TMO stock, click here.
More about Time Out
Time Out Group is a global media and hospitality business that inspires and enables people to experience the best of the city through Time Out Media and Time Out Market. Established in London in 1968, it is the only global brand dedicated to city life, offering curated content about the best things to do, see, and eat across over 350 cities in more than 50 countries. The company operates through a multi-platform model that includes both digital and physical channels. Time Out Market is the world’s first editorially curated food and cultural market, with locations in cities like Lisbon, New York, and Dubai, and plans for expansion.
Average Trading Volume: 32,926
Technical Sentiment Signal: Sell
Current Market Cap: £69.69M
For detailed information about TMO stock, go to TipRanks’ Stock Analysis page.