PDMR Notficiation
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Time Out Group plc (AIM: TMO), announces that on 1 February 2024, the Company granted options over 500,000 ordinary shares of £0.001 each in the Company (the "Options") to Matt Pritchard, Chief Financial Officer.
The Options were awarded pursuant to the Company's Long Term Incentive Plan, have an exercise price of £0.53, vesting one third on each of the three anniversaries following the award date.
Following the award, Matt Pritchard has options (subject to meeting relevant conditions) over 3,000,000 ordinary shares in aggregate.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Matthew Pritchard | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Financial Officer | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, UK emission allowance market participant, auction platform or auctioneer | ||
| a) | Name | Time Out Group PLC | |
| b) | LEI | 213800BWH4OF8S4R8K10 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.001 each ISIN: GB00BYYV0629 | |
| b) | Nature of the transaction | Grant of options over Ordinary Shares | |
| c) | Price(s) and volume(s) | Price (£) | Volume(s) |
| Option exercise price of £0.53 | 500,000 | ||
| d) | Aggregated information · Aggregated Volume · Price | · N/a single transaction · N/a | |
| e) | Date of the transaction | 1 February 2024 | |
| f) | Place of the transaction | Outside a trading venue |
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