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Pin to quick picksYu Energy Regulatory News (YU.)

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Spread: 40.00 (2.326%)
Market Cap: £301.59m
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Appointments to support review

5 Nov 2018 07:00

RNS Number : 2658G
Yu Group PLC
05 November 2018
 

Yü Group PLC

(the "Group")

Appointments to support review

Yü Group PLC, the independent supplier of gas and electricity to the UK corporate sector, provides the following update subsequent to the Trading and Accounting Review announced on 24 October 2018.

To support the Board with its forensic review, both PWC LLP and DLA Piper LLP have been appointed to carry out an independent forensic investigation (the "Review"). 

 

The Board will continue to invest in processes and systems and will take on recommendations from the Review of any measures to improve internal controls.

 

The Board will provide a further update to the market in due course.

 

For further information, please contact:

Yü Group PLC

Bobby Kalar

Paul Rawson

 

+44 (0) 115 975 8258

 

Shore Capital

Edward Mansfield

James Thomas

 

+44 (0) 20 7408 4090

Alma PR

Josh Royston

John Coles

Robyn Fisher

 

 

+44 (0) 7780 901 979

 

 

 

 

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 rns@lseg.com or visit www.rns.com.
 
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