Gym Group PlcLSE: GYM

Director/PDMR Shareholding - SIP Notification

· Issued by Gym Group Plc

10 November 2022

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 November 2022, Partnership Shares were acquired at a price of 121.48 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

Ann-marie Murphy

41

41

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

Ann-marie Murphy

2

Reason for the notification

a)

Position/status

Chief Operating Officer

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

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

Identification code

ISIN: GB00BZBX0P70

b)

Nature of the transaction

1.  Purchase of partnership shares under the SIP

2.  Award of matching shares under the SIP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.

£1.2148

41

2.

Nil

41

d)

Aggregated information

1.

Partnership shares

- Aggregated volume

41

- Price

£1.2148

2.

Matching shares

- Aggregated volume

41

- Price

Nil

e)

Date of the transaction

7 November 2022

f)

Place of the transaction

London Stock Exchange XLON

For further information, please contact:

The Gym Group:

Richard Darwin, CEO

Luke Tait, CFO

via Tulchan Communications

Tulchan Communications:

James Macey White

Elizabeth Snow

Laura Marshall

+44 (0) 207 353 4200

END