Yu Group PLC Exercise of Options (0146I)
March 16 2018 - 7:23AM
UK Regulatory
TIDMYU.
RNS Number : 0146I
Yu Group PLC
16 March 2018
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 GBP0.09 ("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 Initial notification
/Amendment
--- ------------------------- -----------------------------
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 Ordinary shares of 0.5p each
the financial in the capital of Yu Group
instrument, type plc
of instrument
Identification GB00BYQDPD80
code
--- ------------------------- -----------------------------
b) Nature of the Exercise of options
transaction
--- ------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
GBP0.09 500,000
---------- ----------
--- ------------------------- -----------------------------
d) Aggregated information
- Aggregated volume 500,000
- Price GBP0.09
--- ------------------------- -----------------------------
e) Date of the transaction 16/03/18
--- ------------------------- -----------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- -----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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