REG - Gym Group PLC (The) - Holding(s) in Company

GYMAnnouncement

22/07/2025 07:00

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RNS Number : 9496R  Gym Group PLC (The)  22 July 2025

22 July 2025

The Gym Group plc

("The Gym Group" or the "Company")

 

TR-1: Standard form for notification of major holdings

On 21 July 2025, Blantyre Capital Limited on behalf of St Andrews Sarl,
SICAV-RAIF and/or its affiliates ("Blantyre"), notified The Gym Group of the
sale of a proportion of its shares in the Company via a secondary placing (the
"Transaction"), resulting in a change to its shareholding and voting rights as
stated in the table below. The offer was oversubscribed with shares having
been placed with existing and new institutional and family office investors
of the Company.

Following the Transaction, Blantyre will retain a significant
shareholding in the Company. In connection with the Transaction, Blantyre has
agreed to a lock-up undertaking in respect of its remaining shareholding in
The Gym Group. This lock-up restricts the disposal of any further shares held
by Blantyre for a period of 6 months following 15 July 2025, subject to
customary exemptions and waiver provisions.

The Gym Group is not a party to nor will receive any proceeds from the
Transaction.

 

1. Issuer Details

ISIN

GB00BZBX0P70

Issuer Name

THE GYM GROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Blantyre Capital Limited

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

 Name                                 City of registered office  Country of registered office
 Blantyre Special Situations II Fund  Dublin                     Ireland
 St Andrews S.à r.l., SICAV-RAIF      Leudelange                 Luxembourg

5. Date on which the threshold was crossed or reached

17-Jul-2025

6. Date on which Issuer notified

21-Jul-2025

7. Total positions of person(s) subject to the notification obligation

                                                                            % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  6.148530                                              0.000000                                                                   6.148530                        11026523
 Position of previous notification (if applicable)                          11.173700                                             0.000000                                                                   11.173700

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 GB00BZBX0P70                                 11026523                                 0                                            6.148530                            0.000000
 Sub Total 8.A                                11026523                                                                              6.148530%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted

 Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights

 Sub Total 8.B2

9. Information in relation to the person subject to the notification
obligation

2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add additional
rows as necessary)

 Ultimate controlling person  Name of controlled undertaking       % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                               than the notifiable threshold
 Mubashir Mukadam (Chain 1)   Blantyre Capital (Cayman) Limited
 Mubashir Mukadam (Chain 1)   Blantyre Capital Limited
 Mubashir Mukadam (Chain 1)   St Andrews S.ar.l., SICAV-RAIF
 Mubashir Mukadam (Chain 2)   Blantyre Capital (Cayman) Limited    6.148530
 Mubashir Mukadam (Chain 2)   Blantyre Capital Limited             6.148530
 Mubashir Mukadam (Chain 2)   Blantyre Special Situations II Fund  6.148530

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

 

12. Date of Completion

21-Jul-2025

13. Place Of Completion

Connecticut, U.S.

 

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