The Gym (GB:GYM) has released an update.
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The Gym Group plc has announced the grant of share awards to its top executives as part of its 2024 incentive plan and the deferred element of the 2023 bonus. The grants, totaling over 1.2 million shares, are tied to the company’s performance targets and require the executives’ continued employment for vesting. To cover future option exercises, The Gym Group has instructed the purchase of approximately 1.5 million shares.
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