Yu Group PLC Capital Reduction Effective (0565C)
June 23 2016 - 3:00AM
UK Regulatory
TIDMYU.
RNS Number : 0565C
Yu Group PLC
23 June 2016
23 June 2016
Yü Group PLC
(the "Company")
Capital Reduction Effective
Yü Group PLC is pleased to announce that, further to its
announcements on 9 and 26 May 2016, the cancellation of the
Company's share premium account became effective on 22 June
following registration of the Court order confirming the capital
reduction by the Registrar of Companies.
The Company now has positive distributable reserves and is
therefore in a position to be able to pay dividends in future,
should it be appropriate to do so.
For further information, please contact:
Yü Group PLC
Bobby Kalar
Nick Parker +44 (0) 115 975 8258
Shore Capital
Bidhi Bhoma
Edward Mansfield
Anita Ghanekar +44 (0) 20 7408 4090
Alma PR
Josh Royston +44 (0) 7780 901 979
Hilary Buchanan +44 (0) 7515 805 218
John Coles +44 (0) 7836 273 660
Notes to Editors
Information on the Group
Yü Energy is an independent supplier of gas and electricity
focused on servicing larger corporate and SME businesses throughout
the UK. It has no involvement in the domestic retail market. The
Group was founded by Bobby Kalar and is listed on the AIM market of
the London Stock Exchange following a successful IPO in March
2016.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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