YU. Yu Group Plc

TIDMYU.

RNS Number : 0623R

Yu Group PLC

26 February 2019

Yü Group PLC

(the "Group" or the "Company")

Grant of Options / Director dealing

Yü Group PLC (AIM: YU.), the independent supplier of gas, electricity and water to the UK corporate sector, announces the grant of 320,000 share options ("Options") under the Company's share option plan.

70,000 Options have been granted with an exercise price of 109 pence, being the five day volume weighted average price as at close of business on 22 February 2019, to retain and incentivise certain members of senior management.

A further 250,000 Options have been granted to Paul Rawson, Chief Financial Officer, with an exercise price of 0.5 pence. Paul Rawson, who joined the Group on 3 September 2018, is not currently interested in any ordinary shares in the Group.

The Options are due to vest on 25 February 2022, and can be exercised from that time until they lapse on 25 February 2029.

Following these grants the Company has a total of 893,290 share options outstanding representing 5.5% of the existing issued share capital of the Company.

For further information, please contact:

 
Yü Group PLC 
 Bobby Kalar 
 Paul Rawson        +44 (0) 115 975 8258 
Shore Capital 
 Edward Mansfield 
 Anita Ghanekar 
 James Thomas       +44 (0) 20 7408 4090 
Alma PR 
 Josh Royston 
 Hilary Buchanan 
 Helena Bogle       +44 (0) 7780 901 979 
 

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                                Paul Edwin Rawson 
     ----------------------------------  ----------------------------------- 
 2.   Details of PDMR / person closely associated with them ('PCA') 
     ----------------------------------------------------------------------- 
 a)   Position / status                   Chief Financial Officer 
     ----------------------------------  ----------------------------------- 
 b)   Initial notification                26 February 2019 
       / amendment 
     ----------------------------------  ----------------------------------- 
 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                      Ordinary shares of GBP0.005 each 
       the financial 
       instrument                          ISIN: GB00BYQDPD80 
     ----------------------------------  ----------------------------------- 
 d)   Nature of the                       Grant of options 
       transaction 
     ----------------------------------  ----------------------------------- 
 e)   Price(s) and                          Price(s)   Volume(s) 
       volume(s)                             0.5p       250,000 
                                                       ---------- 
     ----------------------------------  ----------------------------------- 
 f)   Aggregated information 
 
       Aggregated volume                    250,000 
 
       Price                                0.5p per share 
     ----------------------------------  ----------------------------------- 
 g)   Date of the transaction             25 February 2019 
     ----------------------------------  ----------------------------------- 
 h)   Place of the                        N/A 
       transaction 
     ----------------------------------  ----------------------------------- 
 
 

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 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.

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.

END

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