Last checked at 18 May 2023 14:55
Yü Group PLC
("Yü Group" or the "Company" or the "Group")
Result of AGM and
Dividend timetable
Yü Group PLC (AIM: YU.), the independent supplier of gas, electricity and smart meters to the UK corporate sector, announces that all resolutions proposed at the Company's AGM held earlier today were duly passed.
Accordingly, the Company will pay a final dividend of 3 pence (2021: nil). The dividend will be payable on 20 June 2023 to all shareholders on the register on 2 June 2023 and the shares will go ex-dividend on 1 June 2023.
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 |
Teneo Giles Kernick Alec Tidbury
|
+44 (0) 20 7353 4200
|
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 and value for all of our stakeholders, built on strong foundations and with a robust hedging policy. In 2022 the Group launched Yü Smart to support growth through new opportunities in smart metering installation. With a significant opportunity in a £50bn+ addressable market, Yü Group continues to deliver on the medium term goal of £500m of revenues with an adjusted EBITDA margin in excess of 4%.