The Gym Group plc Director/PDMR Shareholding (0510A)

TIDMGYM

RNS Number : 0510A

The Gym Group plc

06 September 2018

06 September 2018

THE GYM GROUP PLC ("THE COMPANY")

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

The Company announces that it was informed on 6 September 2018 that John Treharne, Chief Executive Officer, has sold 500,000 ordinary shares of 0.01 pence each in the capital of the Company, as detailed below. Following this sale, John still holds a significant shareholding in the Company and he has committed that he will not undertake any further trades in the Company's shares for the next six months. As announced on 30 May 2018, John will stand down as Chief Executive Officer with effect from 17 September 2018 and will remain on the Board as Founder Director.

 
 1.   Details of PDMR / person closely associated with them 
       ("PCA") 
 a)   Name                          John Treharne 
     -----------------------  --------------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------- 
 a)   Position / status                   Director, Chief Executive Officer 
     -----------------------  --------------------------------------------- 
 b)   Initial notification     Initial Notification 
       / amendment 
     -----------------------  --------------------------------------------- 
 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              Ordinary Shares of 0.01 pence each 
       of the financial         ISIN: GB00BZBX0P70 
       instrument 
     -----------------------  --------------------------------------------- 
 b)   Nature of the            Sold Shares 
       transaction 
     -----------------------  --------------------------------------------- 
 c)   Price(s) and              Price(s)    Volume(s) 
       volume(s)                 GBP3.29                500,000 
                                            ------------------- 
     -----------------------  --------------------------------------------- 
 d)   Aggregated information 
       Aggregated volume         N/A 
       Price 
     -----------------------  --------------------------------------------- 
 e)   Date of the              06/09/2018 (London) 
       transaction 
     -----------------------  --------------------------------------------- 
 f)   Place of the             London Stock Exchange XLON 
       transaction 
     -----------------------  --------------------------------------------- 
 

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September 06, 2018 12:13 ET (16:13 GMT)