The Gym (GB:GYM) has released an update.
At The Gym Group plc’s Annual General Meeting, all resolutions were passed, including the controversial Directors’ Remuneration Policy and the TGG Incentive Plan, despite opposition from over 20% of voting shareholders. Significant attention was drawn to the approval of the new TGG Incentive Plan, which aims to retain key talent and align with strategic objectives, though some shareholders expressed concerns. The company acknowledges these concerns and pledges to engage with shareholders for further discussion, with updates promised within the next six months.
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