Gym Group PLC (The) Grant of SAYE Options and Director Dealing (5828Q)
October 18 2023 - 11:26AM
UK Regulatory
TIDMGYM
RNS Number : 5828Q
Gym Group PLC (The)
18 October 2023
18 October 2023
The Gym Group plc
(the "Company")
Grant of options under the Company's Save As You Earn Scheme and
Notification of transactions by Directors
The Company is pleased to announce that it has launched the 2023
Save As You Earn Scheme (the "2023 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
GBP0.95 per Ordinary Share in accordance with the terms of the 2023
SAYE Scheme. The Options were granted on 18 October 2023 and will
normally be exercisable from 1 December 2026 for six months.
103 employees have elected to participate in the 2023 SAYE
Scheme and as a result Options over a total of 546,376 Ordinary
Shares have been granted in respect of the 2023 SAYE Scheme,
representing 0.31% of the Company's issued share capital.
The following Person Discharging Managerial Responsibilities
("PDMRs") has chosen to participate in the 2023 SAYE Scheme:
Name Director/PDMR Number of Ordinary
Shares under
Option
Luke Tait Director 19,526
The Gym Group: via Instinctif Partners
John Treharne, Chair of the Board
Will Orr, CEO
Luke Tait, CFO
Katharine Wynne, Investor Relations
Instinctif Partners (Financial Tel: +44 (0)20 7457 2020
PR):
Justine Warren
Matthew Smallwood
Joe Quinlan
Details of PDMR / person closely associated with them ("PCA")
Name Luke Tait
---------------------------------------
Reason for the notification
Position / status Chief Financial Officer
---------------------------------------
Initial notification Initial Notification
/ amendment
---------------------------------------
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
Name The Gym Group plc
---------------------------------------
LEI 213800VCU9TBANZIN455
---------------------------------------
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
Description Ordinary Shares of 0.01p each
of the financial ISIN: GB00BZBX0P70
instrument
---------------------------------------
Nature of the Grant of an Option under the 2023 Save
transaction As You Earn Scheme
---------------------------------------
Price(s) and Price(s) Volume(s)
volume(s) GBP0.95 19,526
----------
---------------------------------------
Aggregated information
Aggregated volume N/A (single transaction)
Price
---------------------------------------
Date of the
transaction 18/10/2023
---------------------------------------
Place of the Award occurred outside a trading venue
transaction
---------------------------------------
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
DSHUWUNROSURAAA
(END) Dow Jones Newswires
October 18, 2023 12:26 ET (16:26 GMT)
The Gym (LSE:GYM)
Historical Stock Chart
From Mar 2024 to Apr 2024
The Gym (LSE:GYM)
Historical Stock Chart
From Apr 2023 to Apr 2024
