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Gym Group PLC (The) (GYM)

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Wednesday 31 March, 2021

Gym Group PLC (The)

Director/PDMR Shareholding

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 £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

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 / 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)

Price(s)

Volume(s)

1.  £0.0001

109,641

2.  £2.48

51,715

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

 

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