- Title:
Director/PDMR SIP Notification - Time:
10:05:01 - Date:
9 Oct 2020 - Category:
Director/PDMR dealings - ID:
6445B
9 October 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 October 2020, Partnership Shares were acquired at a price of 140.8 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 |
107 |
107 |
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
|
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| a)
|
Position/status
|
Chief Financial Officer
|
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| b)
|
Initial notification /Amendment
|
Initial Notification |
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| 3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
| a)
|
Name
|
The Gym Group plc |
||||
| b)
|
LEI
|
213800VCU9TBANZIN455 |
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| 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 |
||||
|
|
|
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| Identification code |
ISIN: GB00BZBX0P70 |
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|
|
|
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| b)
|
Nature of the transaction
|
1. Purchase of partnership shares under the SIP 2. Award of matching shares under the SIP |
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| c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
1. |
140.8p |
|
|
|
|
|
|
|
2. |
Nil |
|
|
| d)
|
Aggregated information |
|
||||
|
|
1. |
Partnership shares |
|
|||
| - Aggregated volume |
|
107 |
|
|
||
|
|
|
|
|
|
||
| - Price |
|
140.8p |
|
|
||
|
|
|
|
|
|
||
|
|
2. |
Matching shares |
|
|||
| - Aggregated volume |
|
107 |
|
|
||
|
|
|
|
|
|
||
| - Price |
|
Nil |
|
|
||
|
|
|
|
|
|
||
|
|
|
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| e)
|
Date of the transaction
|
7 October 2020 |
||||
| f)
|
Place of the transaction
|
London Stock Exchange XLON |
||||
For further information, please contact
| The Gym Group Richard Darwin, CEO Mark George, CFO Katy Tucker, Company Secretary
|
via Instinctif Partners |
||
Instinctif Partners Matthew Smallwood Justine Warren |
020 7457 2020 |
END
Director/PDMR SIP Notification10:05:019 Oct 2020Director/PDMR dealings6445B