REG - Gym Group PLC (The) - Grant of 2022 SAYE options

GYMAnnouncement

31/10/2022 17:00

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RNS Number : 7897E  Gym Group PLC (The)  31 October 2022

31 October 2022

 

The Gym Group plc

(the "Company")

Grant of options under the Company's Save As You Earn Scheme

 

The Company is pleased to announce that it has launched the 2022 Save As You
Earn Scheme (the "2022 SAYE Scheme") for all eligible employees.

 

Eligible employees were invited to subscribe for options ("Options") over the
Company's ordinary shares of 0.01 pence each ("Ordinary Shares") which have
been granted at an exercise price of £0.93 per Ordinary Share in accordance
with the terms of the 2022 SAYE Scheme. The Options were issued on 31 October
2022 and will normally be exercisable from 1 December 2025 for six months.

 

155 employees have elected to participate in the 2022 SAYE Scheme and as a
result Options over a total of 861,230 Ordinary Shares have been granted in
respect of the 2022 SAYE Scheme, representing 0.48% of the Company's issued
share capital.

 

 

 

 The Gym Group:           via Tulchan Communications

 Richard Darwin, CEO

 Luke Tait, CFO

 Tulchan Communications:  +44 (0) 207 353 4200

 James Macey White

 Elizabeth Snow

 Laura Marshall

 

 

 

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