The Gym Group has launched its 2026 Save As You Earn scheme for eligible employees, extending another share-based incentive programme across the business. The options are granted at an exercise price of £1.51 per share and cover 331,289 ordinary shares, equivalent to 0.19% of the company’s issued share capital.
Highlights
- The Gym Group launches 2026 SAYE scheme, granting options over £0.0001 ordinary shares to all eligible employees with a £1.51 exercise price.
- Option grants issued 15 October 2026 become exercisable from 1 December 2029 for six months.
- 100 employees participate in the scheme, totaling options over 331,289 shares, representing 0.19% of issued share capital and limited dilution.
Employee share scheme terms and timeline
As reported by London Stock Exchange Regulatory News Service, The Gym Group says the 2026 SAYE scheme is open to all eligible employees and the options are granted over the company’s ordinary shares of £0.0001 each.The options are issued on 15 October 2026 with an exercise price of £1.51 per ordinary share. They are normally exercisable from 1 December 2029 for a period of six months.
Workforce participation and capital impact
In total, 100 employees elect to participate in the 2026 SAYE scheme. As a result, the company grants options over 331,289 ordinary shares.The Gym Group says the award represents 0.19% of its issued share capital, indicating a limited dilution effect while broadening employee participation in equity ownership.
Our earlier article on Excel Force MSC Bhd’s proposed new share issuance outlined plans to raise up to RM10.66 million as the company’s cash position weakened, with part of the proceeds earmarked to support ongoing projects. We also noted a major shareholder reshuffle that brought in a new largest shareholder and triggered board and audit-committee changes, highlighting the governance implications of rapid ownership shifts.