23 June 2016

Yü Group PLC
(the "Company")

Capital Reduction Effective

Yü Group PLC is pleased to announce that, further to its announcements on 9 and 26 May 2016, the cancellation of the Company's share premium account became effective on 22 June following registration of the Court order confirming the capital reduction by the Registrar of Companies.

The Company now has positive distributable reserves and is therefore in a position to be able to pay dividends in future, should it be appropriate to do so.

For further information, please contact:

Yü Group PLC

Bobby Kalar

Nick Parker

+44 (0) 115 975 8258

Shore Capital

Bidhi Bhoma

Edward Mansfield

Anita Ghanekar

+44 (0) 20 7408 4090

Alma PR

Josh Royston

Hilary Buchanan

John Coles

+44 (0) 7780 901 979

+44 (0) 7515 805 218

+44 (0) 7836 273 660

Notes to Editors

Information on the Group

Yü Energy is an independent supplier of gas and electricity focused on servicing larger corporate and SME businesses throughout the UK. It has no involvement in the domestic retail market. The Group was founded by Bobby Kalar and is listed on the AIM market of the London Stock Exchange following a successful IPO in March 2016.