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GYM The Gym Group Plc

108.40
-1.40 (-1.28%)
Last Updated: 08:19:33
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
The Gym Group Plc LSE:GYM London Ordinary Share GB00BZBX0P70 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.40 -1.28% 108.40 108.40 109.60 109.40 108.20 108.20 29,291 08:19:33
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Physical Fitness Facilities 204M -8.4M -0.0471 -23.01 193.39M

Gym Group PLC (The) Grant of SAYE Options and Director Dealing (8287C)

21/10/2020 4:00pm

UK Regulatory


The Gym (LSE:GYM)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more The Gym Charts.

TIDMGYM

RNS Number : 8287C

Gym Group PLC (The)

21 October 2020

21 October 2020

The Gym Group plc

Grant of SAYE Options and Notification of transactions by Directors

The Gym Group plc ("the Company" or "TGG") is pleased to announce that it has launched the 2020 Save As You Earn Scheme (the "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 GBP1.08 per Ordinary Share in accordance with the terms of the SAYE Scheme. The Options were issued on 21 October 2020 and will normally be exercisable from 1 December 2023 for six months.

130 employees have elected to participate in the 2020 SAYE Scheme and as a result Options over a total of 694,940 Ordinary Shares have been granted in respect of the 2020 SAYE Scheme, representing 0.42% of the Company's issued share capital.

The following Persons Discharging Managerial Responsibilities ("PDMRs") have chosen to participate in the 2020 SAYE Scheme:

 
 Name              Director/PDMR    Number of Ordinary 
                                       Shares under 
                                          Option 
 Richard Darwin    Director               16,666 
 Mark George       Director               16,666 
 

In addition, in order to participate in the 2020 SAYE Scheme, Mark George has elected to cancel his participation in the 2019 SAYE Scheme, resulting in the lapse of the option originally granted to him on 24 October 2019 with an exercise price of GBP2.02 per Ordinary Share. The option would normally have become exercisable on 1 December 2022 over 8,910 Ordinary Shares.

For further information, please contact

 
 The Gym Group                      via Instinctif Partners 
  Richard Darwin, CEO 
  Mark George, CFO 
  Katy Tucker, Company Secretary 
 
  Instinctif Partners 
  Matthew Smallwood 
  Justine Warren                    020 7457 2020 
 

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 
 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      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 0.01p each 
        of the financial          ISIN: GB00BZBX0P70 
        instrument 
      ------------------------  --------------------------------------- 
 b)    Nature of the             Grant of an Option under the 2020 Save 
        transaction               As You Earn Scheme 
      ------------------------  --------------------------------------- 
 c)    Price(s) and               Price(s)    Volume(s) 
        volume(s)                  Nil         16,666 
                                              ---------- 
      ------------------------  --------------------------------------- 
 d)    Aggregated information 
        Aggregated volume          N/A (single transaction) 
        Price 
      ------------------------  --------------------------------------- 
       Date of the 
 e)     transaction              21/10/2020 
      ------------------------  --------------------------------------- 
 f)    Place of the              Award occurred outside a trading venue 
        transaction 
      ------------------------  --------------------------------------- 
 
 
 1.    Details of PDMR / person closely associated with them 
        ("PCA") 
 a)    Name                                 Mark George 
      ------------------------  --------------------------------------- 
 2.    Reason for the notification 
      ----------------------------------------------------------------- 
 a)    Position / status              Chief Financial 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 0.01p each 
        of the financial          ISIN: GB00BZBX0P70 
        instrument 
      ------------------------  --------------------------------------- 
 b)    Nature of the             Grant of an Option under the 2020 Save 
        transaction               As You Earn Scheme 
      ------------------------  --------------------------------------- 
 c)    Price(s) and               Price(s)    Volume(s) 
        volume(s)                  Nil         16,666 
                                              ---------- 
      ------------------------  --------------------------------------- 
 d)    Aggregated information 
        Aggregated volume          N/A (single transaction) 
        Price 
      ------------------------  --------------------------------------- 
       Date of the 
 e)     transaction              21/10/2020 
      ------------------------  --------------------------------------- 
 f)    Place of the              Award occurred outside a trading venue 
        transaction 
      ------------------------  --------------------------------------- 
 
 
 1.    Details of PDMR / person closely associated with them 
        ("PCA") 
 a)    Name                      Mark George 
      ------------------------  -------------------------------------------------- 
 2.    Reason for the notification 
      ---------------------------------------------------------------------------- 
 a)    Position / status         Chief Financial 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 0.01p each 
        of the financial          ISIN: GB00BZBX0P70 
        instrument 
      ------------------------  -------------------------------------------------- 
 b)    Nature of the             Cancellation of participation under the 
        transaction               2019 Save As You Earn Scheme and discontinuation 
                                  of the related monthly contributions, 
                                  resulting in lapse of the option granted 
                                  on 24 October 2019 with an exercise price 
                                  of GBP2.02 pence per Ordinary Share. 
      ------------------------  -------------------------------------------------- 
 c)    Price(s) and               Price(s)    Volume(s) 
        volume(s)                  Nil         8,910 
                                              ---------- 
      ------------------------  -------------------------------------------------- 
 d)    Aggregated information 
        Aggregated volume          N/A (single transaction) 
        Price 
      ------------------------  -------------------------------------------------- 
       Date of the 
 e)     transaction              21/10/2020 
      ------------------------  -------------------------------------------------- 
 f)    Place of the              Cancellation occurred outside a trading 
        transaction               venue 
      ------------------------  -------------------------------------------------- 
 

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.

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END

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October 21, 2020 11:00 ET (15:00 GMT)

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