Time Out Raises £8.2m in Capital Increase as Concert Party Secures Majority Stake

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2025.12.18 15:57
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Time Out Group plc has raised £8.2 million through a capital increase, issuing 102,207,069 new shares. The Concert Party Group, led by Oakley Capital and certain directors, now holds a 50.15% stake, potentially influencing the company's strategic direction. The retail offer closed on 18 December 2025, with new shares expected to trade on AIM by 7 January 2026. Analysts rate the stock as Hold with a £19.00 target, noting mixed financial performance but positive growth prospects in India.