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Gym Group PLC (The) (GYM)

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Tuesday 11 August, 2020

Gym Group PLC (The)

Director/PDMR SIP Notification

RNS Number : 7849V
Gym Group PLC (The)
11 August 2020
 

11 August 2020

The Gym Group plc ("the Company")

Notification of transactions by Directors/PDMRs - The Gym Group plc Share Incentive Plan   ('SIP')

The SIP is an all-employee share scheme under which each eligible participating employee can contribute from monthly salary to purchase ordinary shares in the Company 'Partnership Shares'. The Company matches this by awarding one 'Matching Share' for every one 'Partnership Share' purchased by a participating employee.

 

Link Market Services Trustees Limited, the trustees of the SIP, notified the Company that on 7 August 2020, Partnership Shares were acquired at a price of 152.8 pence per share and the Company granted Matching Shares (for no consideration), to the following Directors/PDMRs as set out  in the table below:

 

Director/PDMR

Number of Partnership Shares acquired under the SIP for the month

Number of Matching Shares acquired under the SIP for the month

Mark George

98

98

 

The notifications below, made in accordance with requirements of the EU Market Abuse Regulation, provide further details.

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Mark George

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Financial 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, type of instrument

Ordinary Shares of 0.01 pence each



Identification code

ISIN: GB00BZBX0P70



b)

 

Nature of the transaction

 

 

1.  Purchase of partnership shares under the SIP

2.  Award of matching shares under the SIP

c)

 

Price(s) and volume(s)








Price(s)

Volume(s)




1.

152.8p

98





2.

Nil

98


d)

 

Aggregated information



1.

Partnership shares


- Aggregated volume


98








- Price


152.8p









2.

Matching shares


- Aggregated volume


98








- Price


Nil










e)

 

Date of the transaction

 

 

7 August 2020

f)

 

Place of the transaction

 

 

London Stock Exchange XLON

 

 

For further information, please contact

The Gym Group

Richard Darwin, CEO

Mark George, CFO

 

via Instinctif Partners

 

END


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