Director dealings: Time Out chairman raises stake
Time Out Group
53.33p
13:50 15/11/24
Time Out Group revealed on Friday that chairman Peter Dubens had acquired 2.29m ordinary shares in the AIM-listed media business.
FTSE AIM All-Share
728.67
15:45 15/11/24
Media
12,522.60
15:45 15/11/24
Dubens, who joined the group in November 2010, purchased the shares at an average price of 35.0p each, for a total value of £803,151.99.
In late May, Time Out said it plans to raise up to £45m in a placing to strengthen its balance sheet in the wake of the coronavirus pandemic.
The company also announced it was looking to raise £4m in an open offer. In both cases, the shares will be issued at 35p each.
As of 1645 BST, Time Out shares were down 6.02% at 39p.
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Time Out Group (TMO)
Director name: Daiches Dubens,Peter Adam
Amount purchased: 2,294,720 @ 35.00p
Value: £803,151.99
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Rotork (ROR)
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