Yu Group PLC Transfer of Treasury Shares

RNS Number : 0294V

Yu Group PLC

29 January 2025

 

29 January 2025

Yü Group PLC

("Yü Group", the "Company" or the "Group")

 

Transfer of Treasury Shares

 

Yü Group PLC (AIM: YU.), the independent supplier of gas, electricity, meter asset owner and installer of smart meters to the UK corporate sector, announces that on 28 January 2025 the Group transferred 5,482 Ordinary shares of 0.5p each in the Company ("Ordinary Shares") from Treasury to satisfy the exercise of employee share options.

 

The total number of Ordinary Shares in issue (excluding treasury shares) following this announcement is 16,789,819. Yü Group holds 229,496 shares in treasury.

 

The figure of 16,789,819 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the FCA's Disclosure Guidance and Transparency Rules.

 

- Ends -

 

 

Yü Group PLC Bobby Kalar Paul Rawson	[phone]
Panmure Liberum Bidhi Bhoma Edward Mansfield Satbir Kler Gaya Bhatt	[phone]
Teneo Giles Kernick	[phone]

 

 

Notes to Editors

Information on the Group

Yü Group PLC is a leading supplier of gas and electricity focused on servicing the corporate sector throughout the UK. We drive innovation through a combination of user-friendly digital solutions and personalised, high quality customer service. The Group plays a key role supporting businesses in their transition to lower carbon technologies with a commitment to providing sustainable energy solutions.

Yü Group has a clear strategy to deliver sustainable profitable growth (in a £50bn+ addressable market) and value for all of our stakeholders, built on strong foundations and with a robust hedging policy. The Group has achieved a compound annual growth rate of over 60% over the last four years, and has significantly improved margin and profitability performance. In 2023 the Group launched Yü Smart to support growth through new opportunities in smart metering installation.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

TRSEANFPADNSEFA