RNS Number : 7897E

Gym Group PLC (The)

31 October 2022

31 October 2022

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 2022 Save As You Earn Scheme (the "2022 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 GBP0.93 per Ordinary Share in accordance with the terms of the 2022 SAYE Scheme. The Options were issued on 31 October 2022 and will normally be exercisable from 1 December 2025 for six months.

155 employees have elected to participate in the 2022 SAYE Scheme and as a result Options over a total of 861,230 Ordinary Shares have been granted in respect of the 2022 SAYE Scheme, representing 0.48% of the Company's issued share capital.

 The Gym Group:             via Tulchan Communications 
  Richard Darwin, CEO 
  Luke Tait, CFO 
 Tulchan Communications: 
  James Macey White 
  Elizabeth Snow 
  Laura Marshall            +44 (0) 207 353 4200 

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(END) Dow Jones Newswires

October 31, 2022 13:00 ET (17:00 GMT)

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