RNS Number : 5377V
Yu Group PLC
10 August 2022
 

10 August 2022

Yü Group PLC

("Yü Group" or the "Group")

Exercise of SAYE Options, PDMR Dealing and Total Voting Rights

Yü Group PLC, the challenger independent supplier of gas, electricity and water to the UK corporate sector, announces that it has made an application to the London Stock Exchange for the admission to trading on AIM of 56,570 new ordinary shares of 0.5p each ("New Shares") to satisfy the exercise of options granted under the Group's Save As You Earn Scheme.

The Company were notified that on 9 August, 12,857 options were exercised at an exercise price of £1.40 per share by each of the following PDMRs, Bobby Kalar, Paul Rawson and Navaz Dean.

The New Shares are expected to be admitted to trading on AIM on 15 August 2022.

Total Voting Rights

Following this admission, the Group's share capital and total voting rights comprises 16,622,785 ordinary shares of 0.5p each and the Group does not hold any shares in treasury. Consequently, 16,622,785 is the figure which may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Yü Group under the FCA's Disclosure and Transparency Rules.

 

For further information, please contact:

 Yü Group PLC

Bobby Kalar

Paul Rawson

 

+44 (0) 115 975 8258

 

Liberum

Edward Mansfield

William Hall

Cara Murphy 

+44 (0) 20 3100 2000

Tulchan Group

Giles Kernick

Olivia Peters

Oliver Norgate

+44 (0) 20 7353 4200

 

Notes to Editors

Information on the Group

Yü Group PLC, trading as Yü Energy, is an independent supplier of gas, electricity and water focused on servicing the SME and corporate sector throughout the UK. It has no involvement in the domestic retail market. The Group was listed on the AIM market of the London Stock Exchange in March 2016.

 

 

Pursuant to the notification obligations in accordance with Article 19 of the Market Abuse Regulation (MAR)

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

1.    Bobby Kalar

2.    Paul Rawson

3.    Navaz Dean

2.

Details of PDMR / person closely associated with them ('PCA')

a)

Position / status

1.    Chief Executive Officer

2.    Chief Financial Officer

3.    Human Resources Director

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Yü Group PLC

b)

LEI

213800ACO9GDDBM7DS35

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

c)

Description of the financial instrument

Ordinary shares of 0.5p each

 

ISIN: GB00BYQDPD80

d)

Nature of the transaction

Exercise of options under SAYE scheme

e)

Price(s) and volume(s)

 


Price(s)

Volume(s)

1.

£1.40

12,857

2.

£1.40

12,857

3.

£1.40

12,857

 

f)

Aggregated information

Aggregated volume

Price

 

38,571

1.40 pence

g)

Date of the transaction

15 August 2022

 

h)

Place of the transaction

Outside trading venue

 





 

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