Gym Group shareholders approve all resolutions at AGM

Published 08/05/2025, 12:42
Gym Group shareholders approve all resolutions at AGM

LONDON - The Gym Group plc announced the approval of all proposed resolutions at its Annual General Meeting (AGM) held on Thursday. The meeting, which took place at the offices of Peel Hunt LLP in London, saw shareholders vote on a series of resolutions via a poll.

The resolutions included the receipt of the Annual Report and Accounts, approval of the Directors’ Remuneration Report, and the re-election of several directors. Notably, all resolutions received a majority of votes in favor, with the exception of one concerning the re-election of John Treharne as a director, which saw more than 20% of votes cast against. The company acknowledged this dissent and committed to engaging with shareholders to understand their views, promising an update within six months.

Other resolutions that passed included the appointment of Grant Thornton UK LLP as auditors, authorization for the company to make political donations and incur political expenditure, and the granting of authority to the Directors to allot ordinary shares and disapply statutory pre-emption rights. Additionally, the company was authorized to purchase its own ordinary shares and to hold general meetings with not less than 14 clear days’ notice.

The number of shares in issue at 6:00 p.m. on May 6, 2025, was 179,325,512, and at that time, The Gym Group did not hold any Ordinary shares in treasury aside from 48,050 non-voting Deferred Ordinary shares.

The full text of the resolutions, particularly those from 14 to 18, will be available for inspection in the National Storage Mechanism and can also be found on the company’s website. The Gym Group intends to publish the complete poll results on its website, providing transparency to its shareholders and the public.

This report is based on a press release statement from The Gym Group plc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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