Last checked at 10 Aug 2022 07:24
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) |
| |||||||||||||
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
| |||||||||||||