16 April 2018

Time Out Group Plc ("Time Out" or the "Company")

Grant of Options

Time Out Group plc (AIM: TMO), the global media and entertainment business, and its Remuneration Committee announce that on 13 April 2018, the following nil cost options and options exercisable at £1.295 have been granted to Persons Discharging Managerial Responsibility of the Company.

Name Julio BrunoJulio Bruno

Exercisable at nil cost in three equal tranches, the first exercisable from 13th April 2019, the second from 13th April 2020, and the third from 13th April 2021

Christine PetersenChristine Petersen

Exercisable at nil cost in three equal tranches, the first exercisable from 13th April 2019, the second from 13th April 2020, and the third from 13th April 2021

Adam Silver

Exercisable at £1.295 in three equal tranches, the first exercisable from 13th April 2019, the second from 13th April 2020, and the third from 13th April 2021

Adam Silver

300,000

50,000

Conditions

Exercisable at £1.295 in three equal tranches, the first exercisable from 13th April 2019, the second from 13th April 2020, and the third from 13th April 2021

Exercisable at £1.295 in three equal tranches, the first exercisable from 13th April 2019, the second from 13th April 2020, and the third from 13th April 2021

Exercisable at nil cost in three equal tranches, the first exercisable from 13th April 2019, the second from 13th April 2020, and the third from 13th April 2021

The options are issued under the Time Out Group plc Long Term Incentive Plan.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities/person closely associated

a)Name

Julio Bruno

Reason for the notification

Position/status

Initial notification/ Amendment

CEO, Time Out Group plcInitial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)Name

Time Out Group plc

LEI

213800BWH4OF8S4R8K10

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

Description of the financial instrument, type of instrumentIdentification code

Nature of the transaction

Options over Ordinary shares of £0.001 in Time Out Group plcISIN: GB00BYYV0629

Grant of options under Time Out Group plc Long Term Incentive Planc)Price(s) and volume(s)

Price(s)

Volume(s)

£N/A GBP

(300,000 exercisable at 129.5p, 300,000 exercisable at nil cost)

600,000

d)Aggregated information

  • − Aggregated volume

  • − Price

Date of the transaction

Place of the transaction

Options over 600,000 shares

£N/A GBP

13 April 2018

London

1

Details of the person discharging managerial responsibilities/person closely associated

a)Name

Christine Petersen

2

Reason for the notification

a)Position/statusDirector, Time Out Group plc

b)Initial notification/ AmendmentInitial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)Name

Time Out Group plc

b)LEI

213800BWH4OF8S4R8K10

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)Description of the financial instrument, type of instrumentOptions over Ordinary shares of £0.001 in Time Out Group plcIdentification code

Nature of the transaction

ISIN: GB00BYYV0629

Grant of options under Time Out Group plc Long Term Incentive Planc)Price(s) and volume(s)

Price(s)

Volume(s)

£N/A GBP

(300,000 exercisable at 129.5p, 200,000 exercisable at nil cost)

500,000

d)Aggregated information

  • − Aggregated volume

  • − Price

Date of the transaction

Options over 500,000 shares

£N/A GBP

13 April 2018

f)Place of the transactionLondon

1

Details of the person discharging managerial responsibilities/person closely associated

a)Name

Adam Silver

2

Reason for the notification

a)Position/statusCFO, Time Out Group plc

b)Initial notification/ AmendmentInitial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)Name

Time Out Group plc

b)LEI

213800BWH4OF8S4R8K10

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)Description of the financial instrument, type of instrumentOptions over Ordinary shares of £0.001 in Time Out Group plcIdentification code

Nature of the transaction

ISIN: GB00BYYV0629

Grant of options under Time Out Group plc Long Term Incentive Planc)Price(s) and volume(s)

Price(s)

Volume(s)

£N/A GBP

(300,000 exercisable at 129.5p, 50,000 exercisable at nil cost)

350,000

d)Aggregated information

  • − Aggregated volume

  • − Price

Date of the transaction

Options over 350,000 shares

£N/A GBP

13 April 2018

f)Place of the transactionLondon

For further information, please contact:

Time Out Group plc

Tel: +44 (0)207 813 3000

Julio Bruno, CEO Adam Silver, CFO

Steven Tredget, Investor Relations Director

Liberum Capital Limited (Nominated Adviser and Broker)

Tel: +44 (0)203 100 2222

Steve Pearce / Jill Li

FTI Consulting LLP

Tel: +44 (0)203 727 1000

Edward Bridges / Stephanie Ellis / Emma Hall

Notes to editors

About Time Out Group plc

Time Out Group is the leading global media and entertainment business with a content distribution network comprising digital, mobile, apps, social media and print and a physical presence via Live Events and Time Out Market. Using these platforms and its well-established global brand, Time Out seeks to inspire and enable people to make the most of a city, through curated content around food, drink, music, theatre, art, travel and entertainment. Time Out, listed on AIM and headquartered in the United Kingdom, is present in 108 cities in 39 countries and has an average global monthly audience reach of 217 million.

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Disclaimer

Time Out Group plc published this content on 16 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 April 2018 06:31:10 UTC