REG - Gym Group PLC (The) - Annual General Meeting ("AGM") Results

GYMAnnouncement

08/05/2025 12:45

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RNS Number : 9227H  Gym Group PLC (The)  08 May 2025

LEI Number: 213800VCU9TBANZIN455

8 May 2025

 

The Gym Group plc

(the "Company")

 

Annual General Meeting ("AGM") Results

 

The Company announces that at its Annual General Meeting held earlier today at
the offices of Peel Hunt LLP, 7(th) Floor, 100 Liverpool Street, London, EC2M
2AT all the resolutions set out in the Notice of AGM were passed by the
requisite majority. Each of the resolutions put to the AGM was voted on by
way of a poll. The results of the poll for each resolution were as follows:

 

 Resolution                                                                      For               For      Against           Against  Votes Withheld    Total issued share capital instructed (%)

 * indicates Special Resolution                                                  (No. of shares)   (%)      (No. of shares)   (%)      (No. of shares)
 1.   To receive the Annual Report and Accounts.                                 114,539,034       100.00%  1,569             0.00%    3,198             63.87%
 2.   To approve the Directors' Remuneration Report.                             107,057,376       93.47%   7,483,227         6.53%    3,198             63.87%
 3.   To re-elect John Treharne as a Director.                                   90,705,864        79.19%   23,834,739        20.81%   3,198             63.87%
 4.   To re-elect Will Orr as a Director.                                        114,208,205       99.71%   332,398           0.29%    3,198             63.87%
 5.   To re-elect Luke Tait as a Director.                                       114,232,092       99.73%   308,511           0.27%    3,198             63.87%
 6.   To re-elect Elaine O'Donnell as a Director.                                111,835,345       97.64%   2,705,258         2.36%    3,198             63.87%
 7.   To re-elect Wais Shaifta as a Director.                                    108,124,541       94.40%   6,416,062         5.60%    3,198             63.87%
 8.   To re-elect Richard Stables as a Director.                                 93,873,198        81.96%   20,667,405        18.04%   3,198             63.87%
 9.   To re-elect Simon Jones as a Director.                                     111,859,232       97.66%   2,681,371         2.34%    3,198             63.87%
 10.  To elect Tamsin Todd as a Director.                                        114,364,947       99.87%   151,570           0.13%    27,284            63.86%
 11.  To appoint Grant Thornton UK LLP as auditors of the Company.               114,537,289       100.00%  3,314             0.00%    3,198             63.87%
 12.  To authorise the Audit and Risk Committee to determine the auditors'       114,537,289       100.00%  3,314             0.00%    3,198             63.87%
 remuneration.
 13.  To authorise the Company to make political donations and incur political   99,001,535        86.43%   15,538,869        13.57%   3,397             63.87%
 expenditure.
 14.  To authorise the Directors to allot ordinary shares.                       114,345,474       99.83%   195,129           0.17%    3,198             63.87%
 15.  To disapply statutory pre-emption rights.*                                 114,141,184       99.65%   399,320           0.35%    3,297             63.87%
 16.  To disapply statutory pre-emption rights solely in relation to             114,144,469       99.65%   396,035           0.35%    3,297             63.87%
 acquisitions and specified capital investments.*
 17.  To authorise the Company to purchase its own ordinary shares.*             114,539,034       100.00%  1,569             0.00%    3,198             63.87%
 18.  To authorise the Directors to hold general meetings on not less than 14    104,615,910       91.34%   9,924,693         8.66%    3,198             63.87%
 clear days' notice.*

 

 

 NOTES:

 1.    The Company is pleased that all resolutions were supported at today's Annual
       General Meeting. The Board notes that Resolution 3 relating to the re-election
       of John Treharne received more than 20% of votes against and intends to engage
       with shareholders to further understand their views. We will provide an update
       within six months of the date of today's meeting.

 2.    Proxy appointments which gave discretion to the Chairman of the AGM have been
       included in the "For" total for the appropriate resolution.

 3.    Votes "For" and "Against" any resolution are expressed as a percentage of
       votes validly cast for that resolution.

 4.    A "Vote withheld" is not a vote in law and is not counted in the calculation
       of the percentage of shares voted "For" or "Against" any resolution nor in the
       calculation of the proportion of "Total issued share capital instructed" for
       any resolution.

 5.    The number of shares in issue at 6:00 p.m. on 6 May 2025 was 179,325,512 (the
       "Share Capital") and at that time, the Company did not hold any Ordinary
       shares in treasury. The Company holds 48,050 non-voting Deferred Ordinary
       shares of £1 each in treasury.

 6.    The proportion of "Total issued share capital instructed" for any resolution
       is the total of votes validly cast for that resolution (i.e. the total votes
       "For" and "Against" that resolution) expressed as a percentage of the Share
       Capital.

 7.    The full text of the resolutions passed at the AGM can be found in the Notice
       of Annual General Meeting which is available on the Company's website at
       www.tggplc.com.

 8.    A copy of resolutions 14 - 18 passed at the AGM will shortly be submitted to
       the National Storage Mechanism and will be available for inspection at
       https://data.fca.org.uk/#/nsm/nationalstoragemechanism
       (https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 9.    The complete poll results will be available shortly on the Company's website
       at www.tggplc.com.

 

For further information, please contact:

 

 The Gym Group:                        via Instinctif Partners

 Will Orr, CEO

 Luke Tait, CFO

 Camille Skerritt, Company Secretary

 Instinctif Partners (Financial PR):   Tel: +44 (0)20 7457 2020

 Justine Warren

 Tim Pearson

 

ENDS

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