REG - Time Out Group plc - Time Out Market Porto Opens

Time OutAnnouncement

03/05/2024 07:00

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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 (http://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).

 

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