IFRS 16 - Leases update 02 July 2019

On 2 July 2019, the Gym Group PLC is holding an education session for sell-side analysts on the application of the new IFRS 16 accounting standard and the way in which the Group's results will be presented in the future. An explanatory presentation is now available on the Gym Group PLC website: www.tggplc.com/investors/results,-reports-presentations.

No new material disclosures will be made during the briefing.

The new accounting standard applies from 1st January 2019 and so the Group's interim 2019 results will be prepared on this basis.

2 July 2019


For further information, please contact

The Gym Group
Richard Darwin, CEO
Mark George, CFO
via Instinctif Partners

Luke Bordewich
George Price
020 7260 1000

Peel Hunt
Dan Webster
George Sellar
020 7418 8900

Instinctif Partners
Matthew Smallwood
Justine Warren
0207 457 2020