Holding(s) in Company

In brief · summary, not quotable

Oakley Capital Investments Limited has increased its voting rights in Time Out Group PLC to 43.70%, acquiring 35,726,000 new ordinary shares at 8 pence each, raising approximately £2.9 million. This acquisition, which crossed a threshold on December 22, 2025, brings Oakley Capital's total holding to 171,808,622 voting rights, up from a previous holding of 38.10%. The company also announced a broader capital raising of £8.0 million through a firm placing, conditional placing, and retail offer.

Full announcement

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1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii :

Time Out Group PLC LEI: 213800BWH4OF8S4R8K10

Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

UK issuer

Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify) iii :

Details of person subject to the notification obligation iv

Name	Oakley Capital Investments Limited
City and country of registered office (if applicable)	Rosebank Centre, 11 Bermudiana Road, Pembroke, HM 08, Bermuda.

Full name of shareholder(s) (if different from 3.) v

Name

City and country of registered office (if applicable)

5. Date on which the threshold was crossed or reached vi :	22-12-2025
6. Date on which issuer notified (DD/MM/YYYY):	23-12-2025

Total positions of person(s) subject to the notification obligation

Resulting situation on the date on which threshold was crossed or reached	43.70%	0	43.70%	171,808,622
Position of previous notification (if applicable)		38.10%	0	38.10%
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)			Number of voting rights ix	% of voting rights
Direct (DTR5.1)		Indirect (DTR5.2.1)	Direct (DTR5.1)	Indirect (DTR5.2.1)
Ordinary GB00BYYV0629	171,808,622	0	43.70%	0%
SUBTOTAL 8. A			171,808,622	43.70%

B 1: Financial Instruments according to DTR5.3.1R (1) (a)

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)

SUBTOTAL 8.B.2

Oakley Capital Investments Limited	43.70%	0	43.70%
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held			N/A
The date until which the voting rights will be held			N/A

Additional information xvi

polaris.brighterir.com/public/time_out/news/rns/story/w10p66r " Time Out Group plc (AIM: TMO) (the " Company "), the global media and hospitality business, is pleased to announce that, following the announcement made earlier today (the " Launch Announcement ") regarding the launch of a Firm Placing, a Conditional Placing and a Retail Offer (together, the " Capital Raising "), the accelerated Bookbuild process has completed and the Company has successfully placed 100,000,000 Placing Shares of £0.001 each in the capital of the Company at an Issue Price of 8 pence per New Ordinary Share, raising gross proceeds of approximately £8.0 million. Pursuant to the Firm Placing, a total of 35,726,000 New Ordinary Shares have been placed with Oakley Capital Investments Limited, raising gross proceeds of approximately £2.9 million."

Place of completion	London
Date of completion	23-12-2025

Notes

Name of ultimate controlling person A (chain 1)

Name of controlled undertaking B

Name of controlled undertaking C

Name of ultimate controlling person A (chain 2)

Name of controlled undertaking B

Name of controlled undertaking D

Name of ultimate controlling person A (chain3)

Name of controlled undertaking E

Name of controlled undertaking F

xvi Example: Correction of a previous notification.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.