Holding(s) in Company
Oakley Capital Investments Limited has acquired a significant stake in Time Out Group PLC, now holding 33.32% of the voting rights, which equates to 174,157,477 shares. This acquisition represents a decrease from their previous holding of 43.70%. The company also announced a capital raising effort, successfully placing 100,000,000 new ordinary shares at 8 pence each, raising gross proceeds of approximately £8.0 million. Oakley Capital Investments Limited subscribed for 35,726,000 of these new shares, contributing approximately £2.9 million to the capital raise.
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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 | X |
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 : | 07-01-2026 |
| 6. Date on which issuer notified (DD/MM/YYYY): | 07-01-2026 |
- Total positions of person(s) subject to the notification obligation
| Resulting situation on the date on which threshold was crossed or reached | 33.32% | 0 | 33.32% | 174,157,477 |
| Position of previous notification (if applicable) | 43.70% | 0 | 43.70% | |
| 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 | 174,157,477 | 0 | 33.32% | 0% |
| SUBTOTAL 8. A | 174,157,477 | 33.32% | ||
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 | 33.32% | 0 | 33.32% |
| 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. Pursuant to the Conditional Placing, a total of 64,274,000 New Ordinary Shares have been placed with investors, raising gross proceeds of approximately £5.1 million. As detailed in the Launch Announcement, Oakley Capital Investments Limited (" OCI ") agreed to subscribe for, and has been allocated, 35,726,000 Firm Placing Shares and 2,348,855 Conditional Placing Shares."
| Place of completion | London |
| Date of completion | 07-01-2026 |
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.