TIDMYU.

RNS Number : 6710C

Yu Group PLC

19 June 2019

Yü Group PLC

("Yü Group" or the "Group")

Grant of options under the Yü Group Save As You Earn Plan (the "SAYE plan")

Yü Group PLC, the independent supplier of gas, electricity and water to the UK corporate sector is pleased to announce that it has launched a Save As You Earn plan for all eligible employees. Under the SAYE plan, employees have been offered the opportunity to participate in the future growth of the Company through the granting of share options.

Eligible employees were invited to subscribe for options over ordinary shares of 0.5 pence each ("Ordinary Shares") with an exercise price of 140 pence per Ordinary Share, representing a 20 percent discount to the closing mid-market price of the Ordinary Shares on 22 May 2019, being the business day prior to opening of the SAYE scheme for application. The options have a savings contract start date of 1 August 2019 and are exercisable between 1 August 2022 and 1 February 2023.

A total of 24 employees have elected to participate in the SAYE plan and, pursuant to this, a grant of 117,248 options over Ordinary Shares has been made on 18 June 2019, equating to 0.72 percent of the current issued share capital of 16,281,055 Ordinary Shares.

Bobby Kalar, Paul Rawson and Garry Pickering, all executive directors of the Company, have elected to participate in the SAYE plan and their options are included in the total figures above. As a result of this option grant, their interests in Ordinary Shares are as follows:

 
 Director           Ordinary shares        % of issued   Ordinary Shares    Options under 
                               held    ordinary Shares    under existing    the SAYE plan 
                                                            option plans 
 Bobby Kalar              8,652,649              53.15           155,934           12,857 
 Paul Rawson                 33,503               0.21           256,539           12,857 
 Garry Pickering            500,000               3.07           124,747            6,428 
 

Notification and public disclosure of transactions by PDMRs pursuant to the EU Market Abuse Regulations are included below.

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 
 John Coles 
 Hilary Buchanan 
 Helena Bogle       +44 (0) 7780 901 979 
 

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.

 
 1.   Details of PDMR / person closely associated with them ('PCA') 
 a)   Name                                Bobby Kalar 
     ----------------------------------  ---------------------------------------- 
 2.   Details of PDMR / person closely associated with them ('PCA') 
     ---------------------------------------------------------------------------- 
 a)   Position / status                   Chief Executive Officer 
     ----------------------------------  ---------------------------------------- 
 b)   Initial notification                19 June 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 
     ---------------------------------------------------------------------------- 
 a)   Description of                      Ordinary shares of GBP0.005 each 
       the financial 
       instrument                          ISIN: GB00BYQDPD80 
     ----------------------------------  ---------------------------------------- 
 b)   Nature of the                       Grant of options 
       transaction 
     ----------------------------------  ---------------------------------------- 
 c)   Price(s) and                          Price(s)   Volume(s) 
       volume(s)                             140p       12,857 
                                                       ---------- 
     ----------------------------------  ---------------------------------------- 
 d)   Aggregated information                Single transaction as in 4 c) above 
       Aggregated volume 
       Price 
     ----------------------------------  ---------------------------------------- 
 e)   Date of the transaction             18 June 2019 
     ----------------------------------  ---------------------------------------- 
 f)   Place of the                        N/A - Grant of options 
       transaction 
     ----------------------------------  ---------------------------------------- 
 
 
 
 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                19 June 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 
     --------------------------------------------------------------------------- 
 a)   Description of                      Ordinary shares of GBP0.005 each 
       the financial 
       instrument                          ISIN: GB00BYQDPD80 
     ----------------------------------  --------------------------------------- 
 b)   Nature of the                       Grant of options 
       transaction 
     ----------------------------------  --------------------------------------- 
 c)   Price(s) and                          Price(s)   Volume(s) 
       volume(s)                             140p       12,857 
                                                       ---------- 
     ----------------------------------  --------------------------------------- 
 d)   Aggregated information               Single transaction as in 4 c) above 
       Aggregated volume 
       Price 
     ----------------------------------  --------------------------------------- 
 e)   Date of the transaction             18 June 2019 
     ----------------------------------  --------------------------------------- 
 f)   Place of the                        N/A - Grant of options 
       transaction 
     ----------------------------------  --------------------------------------- 
 
 
 
 1.   Details of PDMR / person closely associated with them ('PCA') 
 a)   Name                                Garry Pickering 
     ----------------------------------  -------------------------------------- 
 2.   Details of PDMR / person closely associated with them ('PCA') 
     -------------------------------------------------------------------------- 
 a)   Position / status                   Chief Operating Officer 
     ----------------------------------  -------------------------------------- 
 b)   Initial notification                19 June 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 
     -------------------------------------------------------------------------- 
 a)   Description of                      Ordinary shares of GBP0.005 each 
       the financial 
       instrument                          ISIN: GB00BYQDPD80 
     ----------------------------------  -------------------------------------- 
 b)   Nature of the                       Grant of options 
       transaction 
     ----------------------------------  -------------------------------------- 
 c)   Price(s) and                          Price(s)   Volume(s) 
       volume(s)                             140p       6,428 
                                                       ---------- 
     ----------------------------------  -------------------------------------- 
 d)   Aggregated information              Single transaction as in 4 c) above 
       Aggregated volume 
       Price 
     ----------------------------------  -------------------------------------- 
 e)   Date of the transaction             18 June 2019 
     ----------------------------------  -------------------------------------- 
 f)   Place of the                        N/A - Grant of options 
       transaction 
     ----------------------------------  -------------------------------------- 
 
 

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.

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