TMO.L

Time Out Group Plc
Time Out Group plc - Time Out Market Porto Opens
3rd May 2024, 06:00
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 0687N
Time Out Group plc
03 May 2024
 

 

3 May 2024

Time Out Group plc

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

 

Time Out Market Porto Opens

 

Time Out Group plc (AIM: TMO), the global media and hospitality business, is pleased to announce that Time Out Market Porto in Portugal opens to the public today.

 

Time Out Market Porto is the Company's eighth food and cultural market with a further eight signed and due to open between 2024 and 2027, including Time Out Market Budapest which was announced earlier this month.

 

Located in the South wing of São Bento Station - one of the city's most iconic locations - Time Out Market Porto is a unique space designed by Porto-born architect Souto de Moura. The Market brings the best of the city together under one roof - all based on Time Out's editorial curation: the best local chefs, drinks and cultural experiences.

 

Across approximately two thousand square metres, Time Out Market Porto will be home to 12 kitchens, two bars, an outdoor space and a tower - with views over the city - with a shop and a restaurant offering wine experiences.

 

For further information on Time Out Market Porto please visit www.timeoutmarket.com

 

Open Time Out Markets:

●     Lisbon

●     New York

●     Boston

●     Chicago

●     Montreal

●     Dubai

●     Cape Town

●     Porto

 

Time Out Markets in development (expected opening schedule based on calendar year):

●     2024: Barcelona

●     2024: Bahrain

●     2025: Osaka

●     2025: Budapest

●     2025: Vancouver

●     2025: Abu Dhabi

●     2027: Prague

●     2027: Riyadh

 

 

 

 

For further information, please contact:

 

 

 

Time Out Group plc

Tel: +44 (0)207 813 3000

Chris Ohlund, CEO


Matt Pritchard, CFO


Steven Tredget, Investor Relations Director


 

 

Liberum (Nominated Adviser and Broker)

Tel: +44 (0)203 100 2222

Andrew Godber / Edward Thomas / Joshua Borlant


 

 

FTI Consulting LLP

Tel: +44 (0)203 727 1000

Edward Bridges / Fiona Walker


 

Notes to editors

 

About Time Out Group

Time Out Group is a global brand that inspires and enables people to experience the best of the city. Time Out launched in London in 1968 to help people discover the best of the city - today it is the only global brand dedicated to city life. Expert journalists curate and create content about the best things to Do, See and Eat across 333 cities in 59 countries and across a unique multi-platform model spanning both digital and physical channels. Time Out Market is the world's first editorially curated food and cultural market, bringing a city's best chefs, restaurateurs and unique cultural experiences together under one roof. The portfolio includes open Markets in eight cities such as Lisbon, New York and Dubai, several new locations with expected opening dates in 2024 and beyond, in addition to a pipeline of further locations in advanced discussions. Time Out Group PLC, listed on AIM, is headquartered in London (UK).

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCELLFBZELLBBK]]>
TwitterFacebookLinkedIn