22nd Jul 2025 07:00
22 July 2025
The Gym Group plc
("The Gym Group" or the "Company")
TR-1: Standard form for notification of major holdings
On 21 July 2025, Blantyre Capital Limited on behalf of St Andrews Sarl, SICAV-RAIF and/or its affiliates ("Blantyre"), notified The Gym Group of the sale of a proportion of its shares in the Company via a secondary placing (the "Transaction"), resulting in a change to its shareholding and voting rights as stated in the table below. The offer was oversubscribed with shares having been placed with existing and new institutional and family office investors of the Company.
Following the Transaction, Blantyre will retain a significant shareholding in the Company. In connection with the Transaction, Blantyre has agreed to a lock-up undertaking in respect of its remaining shareholding in The Gym Group. This lock-up restricts the disposal of any further shares held by Blantyre for a period of 6 months following 15 July 2025, subject to customary exemptions and waiver provisions.
The Gym Group is not a party to nor will receive any proceeds from the Transaction.
1. Issuer Details
ISIN
GB00BZBX0P70
Issuer Name
THE GYM GROUP PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Blantyre Capital Limited
City of registered office (if applicable)
London
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
Name | City of registered office | Country of registered office |
Blantyre Special Situations II Fund | Dublin | Ireland |
St Andrews S.à r.l., SICAV-RAIF | Leudelange | Luxembourg |
5. Date on which the threshold was crossed or reached
17-Jul-2025
6. Date on which Issuer notified
21-Jul-2025
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer | |
Resulting situation on the date on which threshold was crossed or reached | 6.148530 | 0.000000 | 6.148530 | 11026523 |
Position of previous notification (if applicable) | 11.173700 | 0.000000 | 11.173700 |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
GB00BZBX0P70 | 11026523 | 0 | 6.148530 | 0.000000 |
Sub Total 8.A | 11026523 | 6.148530% | ||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| ||||
Sub Total 8.B1 | ||||
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
| |||||
Sub Total 8.B2 | |||||
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
Mubashir Mukadam (Chain 1) | Blantyre Capital (Cayman) Limited | |||
Mubashir Mukadam (Chain 1) | Blantyre Capital Limited | |||
Mubashir Mukadam (Chain 1) | St Andrews S.ar.l., SICAV-RAIF | |||
Mubashir Mukadam (Chain 2) | Blantyre Capital (Cayman) Limited | 6.148530 | ||
Mubashir Mukadam (Chain 2) | Blantyre Capital Limited | 6.148530 | ||
Mubashir Mukadam (Chain 2) | Blantyre Special Situations II Fund | 6.148530 |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
12. Date of Completion
21-Jul-2025
13. Place Of Completion
Connecticut, U.S.
Related Shares:
Gym Grp