The Gym Group plc Holding(s) in Company (2517K)

TIDMGYM

RNS Number : 2517K

The Gym Group plc

19 September 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying                                                           The Gym Group plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
----------------------------------------------------------------------------  ------------------------------------------ 
 2 Reason for the notification (please tick the appropriate box or boxes): 
------------------------------------------------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights                                                         X 
--------------------------------------------------------------------------------  -------------------------------------- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
--------------------------------------------------------------------------------  -------------------------------------- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
--------------------------------------------------------------------------------  -------------------------------------- 
 An event changing the breakdown of voting rights 
--------------------------------------------------------------------------------  -------------------------------------- 
 Other (please 
  specify): 
------------------------------------------------------------------------  ------  -------------------------------------- 
 3. Full name of person(s) subject                                           Bridges Ventures LLP 
  to the 
  notification obligation: (iii) 
--------------------------------------------------------------------------  -------------------------------------------- 
 4. Full name of shareholder(s)                                              Bridges Community Ventures Nominees 
  (if different from 3.):(iv)                                                 Limited 
--------------------------------------------------------------------------  -------------------------------------------- 
 5. Date of the transaction and date                                         16/09/16 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------------------------------------  -------------------------------------------- 
 6. Date on which issuer notified:                                           19/09/16 
--------------------------------------------------------------------------  -------------------------------------------- 
 7. Threshold(s) that is/are crossed                                         Holdings declined from 13.9% to 10.1% 
  or 
  reached: (vi, vii) 
--------------------------------------------------------------------------  -------------------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                Resulting situation after the triggering 
 of              to the triggering                 transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  --------------------------------  ---------------------------------------------------------------------- 
                Number           Number           Number         Number of voting            % of voting rights 
                 of               of               of shares      rights                      (x) 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  ---------------  -------------  --------------------------  --------------------------- 
                                                  Direct         Direct         Indirect     Direct        Indirect 
                                                                  (xi)           (xii) 
-------------      -----------    -----------    -------------  -------------  -----------  ------------  ------------- 
 
 GB00BZBX0P70   17,813,090       17,813,090       12,957,133     12,957,133                  10.1% 
-------------  ---------------  ---------------  -------------  -------------  -----------  ------------  ------------- 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                       Number of voting              % of voting 
 financial           date (xiii)    Conversion Period               rights that may               rights 
 instrument                         (xiv)                           be 
                                                                    acquired if the 
                                                                    instrument is 
                                                                    exercised/ converted. 
-----------------  -------------  ------------------------------  ----------------------------  ----------------------- 
 NA                 NA             NA                              NA                            NA 
-----------------  -------------  ------------------------------  ----------------------------  ----------------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise       Expiration     Exercise/        Number of voting              % of voting rights 
 financial         price         date (xvii)    Conversion        rights instrument             (xix, xx) 
 instrument                                     period            refers to 
                                                (xviii) 
---------------  -------------  -------------  ---------------  ----------------------------  ------------------------- 
 NA               NA             NA             NA               NA                            Nominal       Delta 
---------------  -------------  -------------  ---------------  ----------------------------  ------------  ----------- 
                                                                                               NA            NA 
-------------      -----------    -----------      -----------    -----------  -----------    ------------  ----------- 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  -------------------------------------------------------------------- 
 12,957,133                                         10.1% 
-------------------------------------------------  -------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
-------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
----------------------------------------------------------------------------  -------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
----------------------------------------------------------------------------  -------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
----------------------------------------------------------------------------  -------------- 
 
 
  13. Additional information: 
----------------------------------------------------------------------------  -------------- 
 14. Contact name:                                                             James Hurrell 
----------------------------------------------------------------------------  -------------- 
 15. Contact telephone number:                                                 0203 780 8000 
----------------------------------------------------------------------------  -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 19, 2016 12:47 ET (16:47 GMT)