Yu Group PLC Exercise of Options (0146I)

TIDMYU.

RNS Number : 0146I

Yu Group PLC

16 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 Garry Pickering, Chief Operating Officer, has today exercised 500,000 share options, under the Yü Group PLC Employee Share Option Plan, at an exercise price of GBP0.09 ("Option Shares"). Following the exercise, Garry Pickering is interested in 500,000 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 22 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 16,254,055 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                       Garry Pickering 
---  -------------------------  ----------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------- 
 a)   Position/status            Chief Operating Officer 
---  -------------------------  ----------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ----------------------------- 
 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             Ordinary shares of 0.5p each 
       the financial              in the capital of Yu Group 
       instrument, type           plc 
       of instrument 
 
       Identification             GB00BYQDPD80 
       code 
---  -------------------------  ----------------------------- 
 b)   Nature of the              Exercise of options 
       transaction 
---  -------------------------  ----------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
                                    GBP0.09     500,000 
                                   ----------  ---------- 
---  -------------------------  ----------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         500,000 
 
       - Price                     GBP0.09 
---  -------------------------  ----------------------------- 
 e)   Date of the transaction    16/03/18 
---  -------------------------  ----------------------------- 
 f)   Place of the transaction   London Stock Exchange (XLON) 
---  -------------------------  ----------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 16, 2018 08:23 ET (12:23 GMT)