REG - Gym Group PLC (The) - Grant of SAYE Options and Director Dealing

GYMAnnouncement

18/10/2023 17:30

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RNS Number : 5828Q  Gym Group PLC (The)  18 October 2023

18 October 2023

 

The Gym Group plc

(the "Company")

Grant of options under the Company's Save As You Earn Scheme and Notification
of transactions by Directors

 

The Company is pleased to announce that it has launched the 2023 Save As You
Earn Scheme (the "2023 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 £0.95 per Ordinary Share in accordance
with the terms of the 2023 SAYE Scheme. The Options were granted on 18 October
2023 and will normally be exercisable from 1 December 2026 for six months.

 

103 employees have elected to participate in the 2023 SAYE Scheme and as a
result Options over a total of 546,376 Ordinary Shares have been granted in
respect of the 2023 SAYE Scheme, representing 0.31% of the Company's issued
share capital.

 

The following Person Discharging Managerial Responsibilities ("PDMRs") has
chosen to participate in the 2023 SAYE Scheme:

 

 Name       Director/PDMR  Number of Ordinary Shares under Option
 Luke Tait  Director       19,526

 

 

 The Gym Group:                        via Instinctif Partners

 John Treharne, Chair of the Board

 Will Orr, CEO

 Luke Tait, CFO

 Katharine Wynne, Investor Relations

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

 Justine Warren

 Matthew Smallwood

 Joe Quinlan

 

 

 Details of PDMR / person closely associated with them ("PCA")
 Name                                     Luke Tait

 Reason for the notification
 Position / status                        Chief Financial Officer

 Initial notification / amendment         Initial Notification

 Details of the issuer, emission allowance market participant, auction
 platform, auctioneer or auction monitor
 Name                                     The Gym Group plc

 LEI                                      213800VCU9TBANZIN455
 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
 Description of the financial instrument  Ordinary Shares of 0.01p each

                                          ISIN: GB00BZBX0P70
 Nature of the transaction                Grant of an Option under the 2023 Save As You Earn Scheme

 Price(s) and volume(s)                   Price(s)  Volume(s)
                                          £0.95     19,526
 Aggregated information

 Aggregated volume                        N/A (single transaction)

 Price
 Date of the transaction                  18/10/2023
 Place of the transaction                 Award occurred outside a trading venue

Aggregated information

Aggregated volume

Price

 

N/A (single transaction)

Date of the transaction

18/10/2023

Place of the transaction

Award occurred outside a trading venue

 

 

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