TIDMGYM

RNS Number : 2025U

Gym Group PLC (The)

31 March 2021

31 March 2021

THE GYM GROUP PLC ("THE COMPANY")

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

The Company announces that the following Performance Share Plan ("PSP") award made on 15 March 2017 has been exercised by Richard Darwin, Chief Executive Officer. Details of the number of ordinary shares of GBP0.0001 each in the share capital of the Company ("Shares") received, sold to meet tax and national insurance contributions and retained by Richard is set out below.

 
 Name of Director/      Number of          Number of         Number of         Number of 
  PDMR                 Shares vested    Shares exercised     Shares sold     Shares retained 
                         under PSP         under PSP        to cover tax 
                           award             award          and national 
                                                              insurance 
                                                            contributions 
 Richard Darwin          1 09,641          1 09,641           5 1,715            57,926 
                     ---------------  ------------------  ---------------  ----------------- 
 
 
 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 of             Ordinary Shares of 0.01 pence each 
        the financial              ISIN: GB00BZBX0P70 
        instrument 
      -------------------------  ------------------------------------------------- 
 b)    Nature of the                 1. Exercise of options under the Company 
        transaction                   Performance Share Plan 
                                      2. Sale of shares, principally to cover 
                                      tax on exercising of award under the Company 
                                      Performance Share Plan 
      -------------------------  ------------------------------------------------- 
 c)    Price(s) and                Price(s)             Volume(s) 
        volume(s)                        1. GBP0.0001    109,641 
                                                        ---------- 
                                         2. GBP2.48      51,715 
                                                        ---------- 
      -------------------------  ------------------------------------------------- 
 d)    Aggregated information 
        Aggregated volume           N/A 
        Price 
      -------------------------  ------------------------------------------------- 
 e)    Date of the transaction    30/3/2021 
      -------------------------  ------------------------------------------------- 
 f)    Place of the               XLON 
        transaction 
      -------------------------  ------------------------------------------------- 
 

For further information, please contact:

 
 The Gym Group:             via Tulchan Communications 
  Richard Darwin, CEO 
  Mark George, CFO 
 Tulchan Communications: 
  James Macey White 
  Elizabeth Snow 
  Laura Marshall            +44 (0) 207 353 4200 
 

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

DSHQFLFXFXLZBBX

(END) Dow Jones Newswires

March 31, 2021 12:50 ET (16:50 GMT)

The Gym (LSE:GYM)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more The Gym Charts.
The Gym (LSE:GYM)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more The Gym Charts.