THE GYM GROUP PLC — Director's Dealing 2019

Mar 27, 2019

National Storage Mechanism | Additional information

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RNS Number : 2302U

The Gym Group plc

27 March 2019

27 March 2019

The Gym Group plc

("the Company")

Notification of transactions by Directors/PDMRs

The Gym Group plc announces that on 27 March 2019, awards over ordinary shares of 0.01p each in the capital of the Company were made under the terms of The Gym Group plc Performance Share Plan ("PSP") to directors and other persons discharging managerial responsibility ("PDMRs") as follows:

Name	Director/PDMR	Number of shares under LTIP award	Number of shares under Restricted Stock Options award
Richard Darwin	Director	236,913	0
Mark George	Director	173,736	0
Jonathan Spaven	PDMR	97,926	17,030

The LTIP awards represent 0.01p par value options which, to the extent that the awards vest, provide for shares to be delivered to the individuals for 0.01p consideration per share. Vesting of the LTIP awards is subject to the satisfaction of certain performance conditions.

The Restricted Stock Options awards represent 0.01p par value options which provide for shares to be delivered to the individuals for 0.01p consideration per share and are not subject to any performance conditions, other than continued employment.

In normal circumstances, all awards will not vest until the third anniversary of the award date.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

1.   Richard Darwin

2.   Mark George

3.   Jonathan Spaven

2.

Reason for the notification

a)

Position / status

1.   Chief Executive Officer

2.   Chief Financial Officer

3.   PDMR, Property Director

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

2.

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 0.01p each

ISIN: GB00BZBX0P70

b)

Nature of the transaction

1,2 and 3 awarded shares pursuant to The Gym Group Performance Share Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1.   Nil consideration 2.   Nil consideration 3.   Nil consideration	1.   236,913 2.   173,736 3.   114,956

d)

Aggregated information

Aggregated volume

Price

N/A (single transaction)

e)

Date of the transaction

27/03/2019

f)

Place of the transaction

Award of the shares occurred outside a trading venue

For further information, please contact:

The Gym Group Mark George, CFO & Company Secretary	Tel: 0203 319 4820

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.

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