Last checked at 31 Mar 2021 17:50
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 £0.0001 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/ PDMR | Number of Shares vested under PSP award | Number of Shares exercised under PSP award | Number of Shares sold to cover tax and national insurance contributions | Number of Shares retained |
Richard Darwin | 109,641 | 109,641 | 51,715 | 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 / amendment | Initial Notification
| ||||||
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 the financial instrument | Ordinary Shares of 0.01 pence each
ISIN: GB00BZBX0P70
| ||||||
b) | Nature of the transaction | 1. Exercise of options under the Company 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 volume(s) |
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d) | Aggregated information Aggregated volume Price |
N/A | ||||||
e) | Date of the transaction | 30/3/2021 | ||||||
f) | Place of the transaction | XLON | ||||||
For further information, please contact:
The Gym Group: Richard Darwin, CEO Mark George, CFO
| via Tulchan Communications |
Tulchan Communications: James Macey White Elizabeth Snow Laura Marshall
| +44 (0) 207 353 4200 |
END