Exercise of options

RNS Number : 6281H

Yu Group PLC

14 March 2018

 

Yü Group PLC

(the "Group" or "Company")

Exercise of Options

Yü Group PLC (AIM: YU.), the independent supplier of gas and electricity to the UK corporate sector, announces that Nick Parker, Finance Director, has today exercised 500,000 share options, under the Yü Group PLC Employee Share Option Plan, at an exercise price of £0.09 ("Option Shares"). Following the exercise, Nick Parker is interested in 521,605 Ordinary Shares and holds options over 105,480 Ordinary Shares.

Application for admission

The Group has made an application to the London Stock Exchange for the admission to trading on AIM ("Admission") of 500,000 new Ordinary Shares, ("New Shares").  Admission is expected to occur at 8.00 a.m. on 21 March 2018. The New Shares will, on admission, rank pari passu with the Group's existing Ordinary Shares. Following the issue and Admission of the New Shares, the Group's share capital will comprise 15,754,055 Ordinary Shares ("Enlarged Share Capital").

For further information please contact:

Yü Group PLC	[phone]
Bobby Kalar
Nick Parker
Shore Capital	[phone]
Dru Danford Edward Mansfield
Anita Ghanekar James Thomas
Alma PR	[phone]
John Coles
Josh Royston
Robyn Fisher

Notes to Editors

Information on the Group

Yü Group PLC is an independent supplier of gas, electricity and water utilities focused on servicing larger corporate and SME businesses 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 following a successful IPO in March 2016.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Anthony Nicholas Parker
2	Reason for the notification
a)	Position/status	Finance Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	YU 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
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.5p each in the capital of Yu Group plc GB00BYQDPD80
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.09 500,000
d)	Aggregated information - Aggregated volume - Price	500,000 £0.09
e)	Date of the transaction	14/03/18
f)	Place of the transaction	London Stock Exchange (XLON)

 

END

 

 

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