Oakley Capital Investments Limited, the investment holding company of Oakley Capital Private Equity L.P., has undergone a redistribution of shares, resulting in an increase in its direct equity ownership in Time Out Group PLC from 19.92% to 37.98%. This change follows the liquidation of the Investment Fund and an in-specie transfer of shares from Fund I to all Fund I investors, including Oakley Capital Investments Limited. Additionally, an agreement was made to settle Fund I's outstanding loan via the transfer of shares in Time Out, resulting in a reduction of the Company's look-through ownership in Time Out via its interest in Fund I to zero.