TIDMGYM

RNS Number : 6067Z

The Gym Group plc

15 March 2017

15 March 2017

The Gym Group plc

("the Company")

Notification of transactions by Directors/PDMRs

The Gym Group plc announces that on 15 March 2017, 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 award 
 John Treharne       Director         231,567 
  Richard Darwin      Director         148,864 
  Jonathan Spaven     PDMR             99,243 
 

The 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.

In normal circumstances, the 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. Mr John Treharne 
                                         2. Mr Richard Darwin 
                                         3. Jonathan Spaven 
---  ---------------------  ------------------------------------------------ 
 2.   Reason for the notification 
---  ----------------------------------------------------------------------- 
 a)   Position                          1. Chief Executive Officer 
       / status                          2. Chief Financial Officer 
                                         3. PDMR, Property Director 
---  ---------------------  ------------------------------------------------ 
 b)   Initial notification   Initial Notification 
       / amendment 
---  ---------------------  ------------------------------------------------ 
 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            Ordinary Shares of 0.01p each 
       of the financial       ISIN: GB00BZBX0P70 
       instrument 
---  ---------------------  ------------------------------------------------ 
 b)   Nature of              1,2 and 3 awarded shares pursuant 
       the transaction        to The Gym Group Performance 
                              Share Plan. 
---  ---------------------  ------------------------------------------------ 
 c)   Price(s)                Price(s)                     Volume(s) 
       and volume(s)          ---------------------------  ----------------- 
                                    1. Nil consideration         1. 231,567 
                                     2. Nil consideration         2. 148,864 
                                     3. Nil consideration         3. 99,243 
                              ---------------------------  ----------------- 
---  ---------------------  ------------------------------------------------ 
 d)   Aggregated 
       information             N/A (single transaction) 
       Aggregated 
       volume 
       Price 
---  ---------------------  ------------------------------------------------ 
 e)   Date of the            15/03/2017 
       transaction 
---  ---------------------  ------------------------------------------------ 
 f)   Place of               Award of the shares occurred 
       the transaction        outside a trading venue 
---  ---------------------  ------------------------------------------------ 
 

For further information, please contact:

 
The Gym Group                             Tel: 0203 319 4820 
 Richard Darwin, CFO & Company Secretary 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 15, 2017 13:10 ET (17:10 GMT)

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