Director/PDMR Shareholding

RNS Number : 5454T

Gym Group PLC (The)

25 March 2021

 

25 March 2021

The Gym Group plc

("the Company")

Notification of transactions by Directors/PDMRs

The Gym Group plc announces that on 25 March 2021, awards over ordinary shares of 0.01p each in the capital of the Company ("Shares") 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
Richard Darwin	Director	230,421
Mark George	Director	168,975

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. Vesting of the awards is subject to the satisfaction of certain performance conditions (as set out in the Company's 2020 annual report).

In normal circumstances, the above awards will not vest until the third anniversary of the award date. Any awards made to directors will also be subject to a two year holding period.

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.  Richard Darwin 2.  Mark George
2.	Reason for the notification
a)	Position / status	1.  Chief Executive Officer 2.  Chief Financial Officer
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	Awards over shares granted pursuant to The Gym Group Performance Share Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.  Nil consideration 2.  Nil consideration 1.  230,421 2.  168,975
d)	Aggregated information Aggregated volume Price	N/A (single transaction)
e)	Date of the transaction	25 March 2021
f)	Place of the transaction	Outside a trading venue

For further information, please contact:

The Gym Group: Richard Darwin, CEO Mark George, CFO	via Tulchan Communications
Tulchan Communications: James Macey White Elizabeth Snow Laura Marshall	[phone]

 

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