5 Nov 2018 07:00
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
|
Yu Energy (YU.)