Investor Presentation
Introduction & overview
Financial results
Strategy & outlook
Conclusions
Appendices
Corporate structure
Notes
£285 m of
cash on
balance sheet
across the
Group as at 30
Jun 20223
LGP
Pinnacle Topco Limited
Pinnacle Midco 2 Limited
Management
£300m GBP KKR convertible preferred equity shares
Q
PUREGYM
Restricted Group
£430m GBP Senior Secured Notes
£422m¹ EUR Senior Secured Notes
Pinnacle Bidco plc
Undrawn £145m GBP Revolving Credit Facility
I
PureGym Limited
UK Subsidiaries4
Key:
Indirect Holdings
PureFitness LLC
(USA)
PureFitness Franchising
LLC (USA)
Functional Supply A/S
Fitness World A/S
PureGym AG
(prev. Basefit.ch)
Fitness Institute ApS
Issuer
Trading Entity
Guarantors²
Non-Guarantors
(1) EUR denominated €490 million Senior Secured Notes (converted to pounds sterling at the 30 June 2022 closing rate of €1.162 to £1.0000). (2) The Guarantors accounted for 99% of Group Run-Rate Adjusted EBITDA for the year ended 31 December 2021, & substantially all of the Group's total assets as of 31
December 2021. (3) £30m of which is held on the balance sheet of Pinnacle Topco Limited. (4) Includes LA Leisure Limited & Ovalhouse Limited
Investor Presentation 25 August 2022 23View entire presentation