Director/PDMR Shareholding

RNS Number : 2025U

Gym Group PLC (The)

31 March 2021

 

31 March 2021

THE GYM GROUP PLC ("THE COMPANY")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")   

The Company announces that the following Performance Share Plan ("PSP") award made on 15 March 2017 has been exercised by Richard Darwin, Chief Executive Officer. Details of the number of ordinary shares of £0.0001 each in the share capital of the Company ("Shares") received, sold to meet tax and national insurance contributions and retained by Richard is set out below.

Name of Director/ PDMR	Number of Shares vested under PSP award	Number of Shares exercised under PSP award	Number of Shares sold to cover tax and national insurance contributions	Number of Shares retained
Richard Darwin	1 09,641	1 09,641	5 1,715	57,926

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Richard Darwin
2.	Reason for the notification
a)	Position / status	Chief Executive 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
4.	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 0.01 pence each ISIN: GB00BZBX0P70
b)	Nature of the transaction	1.  Exercise of options under the Company Performance Share Plan 2.  Sale of shares, principally to cover tax on exercising of award under the Company Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.  £0.0001 109,641 2.  £2.48 51,715
d)	Aggregated information Aggregated volume Price	N/A
e)	Date of the transaction	30/3/2021
f)	Place of the transaction	XLON

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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