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Time Out Wins Shareholder Backing for Capital Raise and Debt-for-Equity Swap

Story Highlights
  • Time Out shareholders approved all resolutions enabling its capital-raising transactions.
  • Completion of the placing and debt conversion expands Time Out’s share capital and bolsters its balance sheet.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Time Out Wins Shareholder Backing for Capital Raise and Debt-for-Equity Swap

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

Time Out Group has secured shareholder approval at its 6 January 2026 general meeting for all resolutions linked to its capital-raising measures, clearing the way for completion of a conditional placing, a retail offer and a debt-for-equity conversion. As a result, 129,511,131 new ordinary shares will be admitted to trading on AIM on 7 January 2026, increasing the company’s issued share capital to 522,645,248 shares and providing an updated base for investors’ disclosure calculations under FCA transparency rules; the enlarged equity base is expected to strengthen Time Out’s balance sheet and support the continued expansion of its global media and Time Out Market operations.

The most recent analyst rating on (GB:TMO) stock is a Hold with a £8.50 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 score is held down primarily by weak financial performance (sharp revenue decline, much larger losses, renewed cash burn, higher debt and negative equity). Technicals further pressure the rating, with price well below key moving averages and negative momentum indicators. Valuation offers limited offset because the negative P/E reflects unprofitable operations and dividend data is unavailable.

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

More about Time Out

Time Out Group is a London-headquartered global media and hospitality company focused on city life. Originating in 1968 as a London listings guide, it now operates a multi-platform model spanning digital and physical channels, with expert journalists curating content on the best things to do, see and eat across more than 350 cities in over 50 countries. Its flagship hospitality concept, Time Out Market, is an editorially curated food and cultural market with open sites in 13 cities, including Lisbon, New York and Dubai, and a pipeline of additional locations expected to open from 2026 onwards. The company is listed on AIM in London.

Average Trading Volume: 45,979

Technical Sentiment Signal: Sell

Current Market Cap: £34.79M

For a thorough assessment of TMO stock, go to TipRanks’ Stock Analysis page.

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