Source - LSE Regulatory
RNS Number : 6445B
Gym Group PLC (The)
09 October 2020
 

9 October 2020

The Gym Group plc ("the Company")

Notification of transactions by Directors/PDMRs - The Gym Group plc Share Incentive Plan ('SIP')

The SIP is an all-employee share scheme under which each eligible participating employee can contribute from monthly salary to purchase ordinary shares in the Company 'Partnership Shares'. The Company matches this by awarding one 'Matching Share' for every one 'Partnership Share' purchased by a participating employee.

 

Link Market Services Trustees Limited, the trustees of the SIP, notified the Company that on 7 October 2020, Partnership Shares were acquired at a price of 140.8 pence per share and the Company granted Matching Shares (for no consideration), to the following Directors/PDMRs as set out  in the table below:

 

Director/PDMR

Number of Partnership Shares acquired under the SIP for the month

Number of Matching Shares acquired under the SIP for the month

Mark George

107

107

 

The notifications below, made in accordance with requirements of the EU Market Abuse Regulation, provide further details.

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Mark George

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

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

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, type of instrument

Ordinary Shares of 0.01 pence each

 

 

Identification code

ISIN: GB00BZBX0P70

 

 

b)

 

Nature of the transaction

 

 

1.   Purchase of partnership shares under the SIP

2.   Award of matching shares under the SIP

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

1.

140.8p

 

 

 

 

 

2.

Nil

 

 

d)

 

Aggregated information

 

 

1.

Partnership shares

 

- Aggregated volume

 

107

 

 

 

 

 

 

 

- Price

 

140.8p

 

 

 

 

 

 

 

 

2.

Matching shares

 

- Aggregated volume

 

107

 

 

 

 

 

 

 

- Price

 

Nil

 

 

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

7 October 2020

f)

 

Place of the transaction

 

 

London Stock Exchange XLON

 

 

For further information, please contact

The Gym Group

Richard Darwin, CEO

Mark George, CFO

Katy Tucker, Company Secretary

 

 

via Instinctif Partners

 

 

Instinctif Partners

Matthew Smallwood

Justine Warren

020 7457 2020

 

END

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHEAPENELSEFEA
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.