CIP Merchant Capital Limited (AIM:CIP), a fund of Merchant Capital Manager Limited acquired an additional 1.1% stake in Time Out Group plc (AIM:TMO) for £2.1 million on January 26, 2022. Under the terms of the transaction, CIP Merchant Capital Limited (AIM:CIP), a fund of Merchant Capital Manager Limited acquired 3.6 million shares. Post-closing, CIP Merchant Capital Limited (AIM:CIP), a fund of Merchant Capital Manager Limited will hold 5.67 million shares in Time Out Group plc.

CIP Merchant Capital Limited (AIM:CIP), a fund of Merchant Capital Manager Limited completed the acquisition of an additional 1.1% stake in Time Out Group plc (AIM:TMO) on January 26, 2022.