Grant of SAYE Options and Director Dealing

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: John Treharne, Chair of the Board Will Orr, CEO Luke Tait, CFO Katharine Wynne, Investor Relations	via Instinctif Partners
Instinctif Partners (Financial PR): Justine Warren Matthew Smallwood Joe Quinlan	Tel: [phone]

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 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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