16 Mar 2018 12:23
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 £0.09 ("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 | +44 (0) 115 975 8258 |
Bobby Kalar | |
Nick Parker | |
Shore Capital | +44 (0) 20 7408 4090 |
Dru Danford Edward Mansfield | |
Anita Ghanekar James Thomas | |
Alma PR | +44 (0) 20 8004 4218 |
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 /Amendment
| Initial notification | ||||
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 the financial instrument, type of instrument
Identification code
| Ordinary shares of 0.5p each in the capital of Yu Group plc
GB00BYQDPD80
| ||||
b)
| Nature of the transaction
| Exercise of options | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
500,000
£0.09 | ||||
e)
| Date of the transaction
| 16/03/18 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
Yu Energy (YU.)