tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Time Out Raises £8.2m in Capital Increase as Concert Party Secures Majority Stake

Story Highlights
  • Time Out’s retail offer completed, contributing to a wider £8.18m capital raise through new AIM-listed shares.
  • After admission of new shares, the Oakley-led concert party will control just over half of Time Out’s enlarged equity base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Time Out Raises £8.2m in Capital Increase as Concert Party Secures Majority Stake

Claim 50% Off TipRanks Premium and Invest with Confidence

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

Time Out Group plc has successfully completed the retail component of its latest equity fundraising, part of a wider capital raising that combines a firm placing, conditional placing and retail offer. The retail offer closed on 18 December 2025, conditionally raising approximately £176,566 through the issue of 2,207,069 new shares at 8 pence each, bringing total gross proceeds from the overall capital raising to about £8.18 million and requiring the issue of 102,207,069 new shares, subject to shareholder approval and admission to trading on AIM expected on 7 January 2026. Following the admission of these new shares, the Concert Party Group led by Oakley Capital entities and certain directors will hold 262,083,995 shares, representing 50.15% of the enlarged share capital, consolidating control and potentially influencing the company’s strategic direction and governance dynamics.

The most recent analyst rating on (GB:TMO) stock is a Hold with a £19.00 price target. To see the full list of analyst forecasts on Time Out stock, see the GB:TMO Stock Forecast page.

Spark’s Take on GB:TMO Stock

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

The overall stock score is driven by mixed financial performance and bearish technical indicators. However, the strategic expansion into India provides a positive outlook for future growth. The negative P/E ratio and lack of dividend yield weigh on the valuation.

To see Spark’s full report on GB:TMO stock, click here.

More about Time Out

Time Out Group plc is a global media and hospitality business listed on AIM, best known for its city-focused content and branded venues that help consumers discover food, drink, culture and entertainment experiences in major urban markets.

Average Trading Volume: 56,423

Technical Sentiment Signal: Sell

Current Market Cap: £41.1M

For an in-depth examination of TMO stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1