Planet Fitness, Inc. (NYSE: PLNT) announced that certain of its existing stockholders intend to offer for sale 10,000,000 shares of its Class A common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission. Certain of the selling stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Class A common stock. The Company will not sell any shares or receive any of the proceeds from the sale of shares of Class A common stock by the selling stockholders.

J.P. Morgan, BofA Merrill Lynch, Jefferies and Guggenheim Securities are acting as active book-running managers of the proposed offering.

About Planet Fitness

Founded in 1992 in Dover, N.H., Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members and locations. As of March 31, 2016, Planet Fitness had more than 8.3 million members and 1,171 stores in 47 states, the District of Columbia,Puerto Rico, Canada and the Dominican Republic. The Company's mission is to enhance people's lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, which we call the Judgement Free Zone®.