Exercise of options

RNS Number : 6281H
Yu Group PLC
14 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 Nick Parker, Finance Director, 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, Nick Parker is interested in 521,605 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 21 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 15,754,055 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

 

 

Anthony Nicholas Parker

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Finance Director

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)

 

 

 

Price(s)

 

Volume(s)

£0.09

500,000

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

500,000

 

£0.09

e)

 

Date of the transaction

 

14/03/18

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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