Director/PDMR Shareholding

RNS Number : 6067Z

The Gym Group plc

15 March 2017

 

15 March 2017

The Gym Group plc

("the Company")

Notification of transactions by Directors/PDMRs

The Gym Group plc announces that on 15 March 2017, awards over ordinary shares of 0.01p each in the capital of the Company were made under the terms of The Gym Group plc Performance Share Plan ("PSP") to directors and other persons discharging managerial responsibility ("PDMRs") as follows:

Name	Director/PDMR	Number of shares under award
John Treharne Richard Darwin Jonathan Spaven	Director Director PDMR	231,567 148,864 99,243

The awards represent 0.01p par value options which, to the extent that the awards vest, provide for shares to be delivered to the individuals for 0.01p consideration per share.

In normal circumstances, the awards will not vest until the third anniversary of the award date.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	1.   Mr John Treharne 2.   Mr Richard Darwin 3.   Jonathan Spaven
2.	Reason for the notification
a)	Position / status	1.   Chief Executive Officer 2.   Chief Financial Officer 3.   PDMR, Property Director
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
2.	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	Ordinary Shares of 0.01p each ISIN: GB00BZBX0P70
b)	Nature of the transaction	1,2 and 3 awarded shares pursuant to The Gym Group Performance Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   Nil consideration 2.   Nil consideration 3.   Nil consideration 1.   231,567 2.   148,864 3.   99,243
d)	Aggregated information Aggregated volume Price	N/A (single transaction)
e)	Date of the transaction	15/03/2017
f)	Place of the transaction	Award of the shares occurred outside a trading venue

For further information, please contact:

The Gym Group Richard Darwin, CFO & Company Secretary

Tel: [phone]

 

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