SAYE Option plan – grant and exercise of options
Summary by AI BETAClose X
Yü Group PLC
("Yü Group" or the "Group")
SAYE Option plan - grant and exercise of options
The Company is pleased to announce that on 15 April 2026 it made a further grant of options under its Save As You Earn ("SAYE") plan for all eligible employees. Under the SAYE plan, employees are 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 1,390 pence per Ordinary Share, representing approximately a 20 percent discount to the closing mid-market price of the Ordinary Shares over the three business days from 17 March 2026 to 19 March 2026, the latter being the business day prior to opening of the SAYE scheme for application. The options have a savings contract start date of 1 May 2026 and are exercisable between 1 May 2029 and 31 October 2029.
A total of 173 employees, which equates to approximately 33% of eligible employees have elected to participate in the SAYE plan.
Pursuant to this, a grant of 87,354 options over Ordinary Shares has been made on 15 April 2026, equating to 0.5 percent of the current issued share capital of 17,215,241 Ordinary Shares.
The Company's following PDMRs and PCAs: Bobby Kalar, Andy Simpson, Andy Hughes, Navaz Dean and Zara Azam, participated in the SAYE plan and in total were granted 5,890 options at an exercise price of 1,390p.
Bobby Kalar, Chief Executive Officer, commented
'The strong level of employee participation in this scheme reiterates my belief that we have a strong and motivated workforce who believe in our ability to deliver solid shareholder value over the coming years and want to be a part of its success. A 33% membership of the scheme is considerably higher than market average as is the average contribution per member at 60% more than market average. The options held by our previous intake into the scheme which vested in January 2026 has seen our employees enjoy considerable financial rewards and I have confidence that this scheme will produce even better rewards for those who not only believe in the Groups long term future but also commit to it with their own funds. I believe the City could learn a lesson from these winners.'
In addition, the Company was notified on 16 April 2026 of an exercise of 7,894 options held under its SAYE plan by Bobby Kalar, Chief Executive Officer. The option price was 228p. The Group has transferred 7,894 shares from Treasury to satisfy the exercise of the options, granted in December 2022.
Total Voting Rights
The total number of Ordinary Shares in issue (excluding treasury shares) following this announcement is 17,145,967. Yü Group holds 69,274 shares in Treasury.
The figure of 17,145,967 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the FCA's Disclosure Guidance and Transparency Rules.
Notification and public disclosure of transactions by PDMRs pursuant to the EU Market Abuse Regulations are included below.
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1. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Name |
1. Bobby Kalar 2. Andy Simpson 3. Andy Hughes 4. Navaz Dean 5. Zara Azam |
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2. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Position / status |
1. Chief Executive Officer 2. Chief Financial Officer 3. Chief Operating Officer 4. Group Human Resources Director 5. Spouse of the Group Human Resources Director |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Yü Group PLC |
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b) |
LEI |
213800ACO9GDDBM7DS35 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; |
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c) |
Description of the financial instrument |
Ordinary shares of 0.5p each
ISIN: GB00BYQDPD80 |
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d) |
Nature of the transaction |
Grant of options under SAYE scheme |
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e) |
Price(s) and volume(s) |
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f) |
Aggregated information Aggregated volume Price |
5,890 options 1,390 pence |
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g) |
Date of the transaction |
15 April 2026
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h) |
Place of the transaction |
Outside trading venue
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1. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Name |
Bobby Kalar |
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2. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Position / status |
Chief Executive Officer |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Yü Group PLC |
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b) |
LEI |
213800ACO9GDDBM7DS35 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; |
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c) |
Description of the financial instrument |
Ordinary shares of 0.5p each
ISIN: GB00BYQDPD80 |
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d) |
Nature of the transaction |
Exercise of options granted under SAYE scheme |
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e) |
Price(s) and volume(s) |
7,894 shares at 228p |
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f) |
Aggregated information Aggregated volume Price |
7,894 shares at 228p |
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g) |
Date of the transaction |
16 April 2026
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h) |
Place of the transaction |
Outside trading venue
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