Gym Group PLC (The) Grant of 2024 SAYE Options
October 18 2024 - 10:09AM
RNS Regulatory News
RNS Number : 8268I
Gym Group PLC (The)
18 October 2024
18 October 2024
The Gym Group
plc
(the
"Company")
Grant of options under the
Company's Save As You Earn Scheme
The Company is
pleased to announce that it has launched the 2024 Save As You Earn
Scheme (the "2024
SAYE Scheme") for all eligible
employees.
Eligible employees were invited to
subscribe for options ("Options") over the Company's ordinary
shares of 0.01 pence each ("Ordinary Shares") which have been
granted at an exercise price of £1.28 per Ordinary Share in
accordance with the terms of the 2024 SAYE Scheme. The Options were
issued on 18 October 2024 and will normally be exercisable from 1
December 2027 for six months.
67 employees have elected to
participate in the 2024 SAYE Scheme and as a result, Options over a
total of 166,486 Ordinary Shares have been granted in respect of
the 2024 SAYE Scheme, representing 0.09% of the Company's issued
share capital.
For
further information, please contact:
The
Gym Group:
Will Orr, CEO
Luke Tait, CFO
|
via
Instinctif Partners
|
Instinctif Partners (Financial PR):
Justine Warren
Matthew Smallwood
Joe Quinlan
|
Tel:
+44 (0)20 7457 2020
|
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END
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