Time Out Group Updates Total Voting Rights

Time Out ( (GB:TMO) ) just unveiled an update.

Time Out Group plc has announced an update on its total voting rights following the issuance of 40,000 ordinary shares, bringing the total to 357,365,783 shares. This update is relevant for shareholders as it affects the calculation of their interests under the Financial Conduct Authority’s Disclosure and Transparency Rules. The announcement reflects the company’s ongoing commitment to transparency and regulatory compliance, potentially impacting shareholder engagement and market perception.

Spark’s Take on GB:TMO Stock

According to Spark, TipRanks’ AI Analyst, GB:TMO is a Neutral.

Time Out’s score of 55 reflects operational improvements and strategic expansions that could drive future growth. However, the current financial struggles, bearish technical indicators, and high leverage weigh down the score.

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 focuses on city life through its Time Out Media and Time Out Market divisions. Established in London in 1968, the company curates content about urban culture across over 350 cities worldwide. Time Out Market is a unique concept that combines food and cultural experiences, with several locations open globally and more planned.

Average Trading Volume: 43,469

Technical Sentiment Signal: Sell

Current Market Cap: £94.69M

Learn more about TMO stock on TipRanks’ Stock Analysis page.