REG - Gym Group PLC (The) - Director/PDMR SIP Notification

GYMAnnouncement

11/11/2020 16:00

RNS Number : 0277F
  
Gym Group PLC (The)
  
11 November 2020
  
 

11 November 2020
The Gym Group plc ("the Company")
Notification of transactions by Directors/PDMRs - The Gym Group plc Share Incentive Plan ('SIP')
The SIP is an all-employee share scheme under which each eligible participating employee can contribute from monthly salary to purchase ordinary shares in the Company 'Partnership Shares'. The Company matches this by awarding one 'Matching Share' for every one 'Partnership Share' purchased by a participating employee. 
 
Link Market Services Trustees Limited, the trustees of the SIP, notified the Company that on 9 November 2020, Partnership Shares were acquired at a price of 189 pence per share and the Company granted Matching Shares (for no consideration), to the following Directors/PDMRs as set out  in the table below: 
 




Director/PDMR


Number of Partnership Shares acquired under the SIP for the month


Number of Matching Shares acquired under the SIP for the month




Mark George


79


79




 
The notifications below, made in accordance with requirements of the EU Market Abuse Regulation, provide further details.
 
 
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them
 




1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 
 


Mark George
 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


Chief Financial Officer
 




b) 
 


Initial notification /Amendment 
 
 


Initial Notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 




a) 
 


Name 
 
 


The Gym Group plc




b) 
 


LEI 
 
 


213800VCU9TBANZIN455




4 
 


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted 
 
 




a) 
 


Description of the financial instrument, type of instrument 


Ordinary Shares of 0.01 pence each




 


 




Identification code 


ISIN: GB00BZBX0P70




 


 




b) 
 


Nature of the transaction 
 
 


1.   Purchase of partnership shares under the SIP
2.   Award of matching shares under the SIP




c) 
 


Price(s) and volume(s) 


 


 


 


 




 


 


 


Price(s)


Volume(s)


 




 


 


1.


189p


79


 




 


 


 


2.


Nil


79


 




d) 
 


Aggregated information 


 




 


1.


Partnership shares


 




- Aggregated volume


 


79


 


 




 


 


 


 


 




- Price


 


189p


 


 




 


 


 


 


 




 


2.


Matching shares


 




- Aggregated volume


 


79


 


 




 


 


 


 


 




- Price


 


Nil


 


 




 


 


 


 


 




 


 




e) 
 


Date of the transaction 
 
 


9 November 2020




f) 
 


Place of the transaction 
 
 


London Stock Exchange XLON




 
 
For further information, please contact




The Gym Group
Richard Darwin, CEO
Mark George, CFO
Katy Tucker, Company Secretary
 
 


via Instinctif Partners




Instinctif Partners
Matthew Smallwood
Justine Warren


020 7457 2020




 
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