Grant and Confirmation of Share Options

Summary by AI BETAClose X

Yü Group PLC has granted 682,000 share options to five individuals discharging managerial responsibilities, with an exercise price of 1,503 pence per option, vesting on March 19, 2029, contingent on weighted performance targets for profitability, growth, cash, and meter installations between 2026 and 2028. Previously granted options over 348,000 ordinary shares have been varied to align with these vesting dates and performance conditions, and 22,222 options held by a non-executive director have been cancelled. Following these adjustments, the company currently has options outstanding over 1,972,849 ordinary shares, representing 11.46% of its issued share capital.

Disclaimer*

Yu Group PLC
15 April 2026
 

15 April 2026

Yü Group PLC

("Yü Group" or the "Group")  

Grant and Confirmation of Share Options

Yü Group PLC (AIM: YU.), the independent supplier of gas and electricity, and meter asset owner and installer of smart meters, announces the grant of 682,000 share options (the "Options") over ordinary shares of 0.5 pence each ("Ordinary Shares") to five people discharging managerial responsibilities ("PDMRs"). The options have an exercise price 1,503p per Option and vest on 19 March 2029.

The Options are subject to the achievement of weighted performance targets related to profitability, growth, cash and meter installations achieved over the performance period between 2026 and 2028. If performance is below the specific target, then a weighted proportion of the Option will not vest. If all performance targets are achieved the Options will fully vest.

In order to align to the Group's revised strategic plan, previously granted options over 348,000 Ordinary Shares have also been varied so they vest on the same date (19 March 2029) and carry the same performance conditions as the newly granted Options. In addition, 22,222 options previously awarded to Paul Rawson, a non-executive director, have been agreed to be cancelled.

Following the grant of the Options, PDMRs hold the following options:

Director / PDMR

Existing options over Ordinary Shares held

Number of Options granted / cancelled

Total options held following grant

% of current issued share capital held under options

Bobby Kalar, CEO

397,894

360,000

757,894

4.40%

Andy Simpson, CFO

238,000

172,000

410,000

2.38%

Navaz Dean, Group HR Director1

60,000

70,000

130,000

0.76%

Andy Hughes, COO

170,000

80,000

250,000

1.45%

Paul Rawson, Non-Executive Director

209,222

(22,222)

187,000

1.09%

 

Following today's grant of Options and cancellation, the Company currently has options outstanding over a total of 1,972,849 Ordinary Shares, representing 11.46% of the Company's current issued share capital.

The FCA notifications, made in accordance with the requirement of the UK Market Abuse Regulation are appended further below.

 

 

Note:

1.    A person closely related to Navaz Dean has been granted options over a further 90,000 shares.

 

 

For further information, please contact:

Yü Group PLC

Bobby Kalar

Andy Simpson

 

+44 (0) 115 975 8258

 


Panmure Liberum

Bidhi Bhoma

Edward Mansfield

Satbir Kler

Gaya Bhatt

 

+44 (0) 20 3100 2000





Notes to Editors

Information on the Group

Yü Group PLC is a leading supplier of gas and electricity focused on servicing the corporate sector throughout the UK. We drive innovation through a combination of user-friendly digital solutions and personalised, high quality customer service. The Group plays a key role supporting businesses in their transition to lower carbon technologies with a commitment to providing sustainable energy solutions.

Yü Group has a clear strategy to deliver sustainable profitable growth (in a £50bn+ addressable market) and value for all of our stakeholders, built on strong foundations and with a robust hedging policy. The Group has achieved a compound annual growth rate of over 60% over the last four years and has significantly improved margin and profitability performance. In 2023 the Group launched Yü Smart to support growth through new opportunities in smart metering installation.



 

Pursuant to the notification obligations in accordance with Article 19 of the Market Abuse Regulation (MAR):

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Bobby Kalar

2.

Reason for notification

a)

Position / status

CEO

b)

Initial notification / amendment

Initial notification

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

c)

Description of the financial instrument

Ordinary shares of 0.5p each

ISIN: GB00BYQDPD80

d)

Nature of the transaction

Grant of options

 

e)

Price(s) and volume(s)

 

Price

Volume

1,503p

360,000

f)

Aggregated information

Aggregated volume

Price

360,000 options at 1,503 pence

g)

Date of the transaction

14 April 2026

 

h)

Place of the transaction

XLON

 

 



 

Pursuant to the notification obligations in accordance with Article 19 of the Market Abuse Regulation (MAR):

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Andy Simpson

2.

Reason for notification

a)

Position / status

CFO

b)

Initial notification / amendment

Initial notification

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

c)

Description of the financial instrument

Ordinary shares of 0.5p each

ISIN: GB00BYQDPD80

d)

Nature of the transaction

Grant of options

 

e)

Price(s) and volume(s)

 

Price

Volume

1,503p

172,000

f)

Aggregated information

Aggregated volume

Price

172,000 options at 1,503 pence

g)

Date of the transaction

14 April 2026

 

h)

Place of the transaction

XLON

 

 



 

Pursuant to the notification obligations in accordance with Article 19 of the Market Abuse Regulation (MAR):

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Navaz Dean and PCA

2.

Reason for notification

a)

Position / status

Group HR Director

b)

Initial notification / amendment

Initial notification

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

c)

Description of the financial instrument

Ordinary shares of 0.5p each

ISIN: GB00BYQDPD80

d)

Nature of the transaction

Grant of options

 

e)

Price(s) and volume(s)

 

Price

Volume

1,503p

70,000

1,503p

90,000

f)

Aggregated information

Aggregated volume

Price

160,000 options at 1,503 pence

g)

Date of the transaction

14 April 2026

 

h)

Place of the transaction

XLON

 

 



 

Pursuant to the notification obligations in accordance with Article 19 of the Market Abuse Regulation (MAR):

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Andy Hughes

2.

Reason for notification

a)

Position / status

COO

b)

Initial notification / amendment

Initial notification

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

c)

Description of the financial instrument

Ordinary shares of 0.5p each

ISIN: GB00BYQDPD80

d)

Nature of the transaction

Grant of options

 

e)

Price(s) and volume(s)

 

Price

Volume

1,503p

80,000

f)

Aggregated information

Aggregated volume

Price

80,000 options at 1,503 pence

g)

Date of the transaction

14 April 2026

 

h)

Place of the transaction

XLON

 

 



 

 

Pursuant to the notification obligations in accordance with Article 19 of the Market Abuse Regulation (MAR):

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Paul Rawson

2.

Reason for notification

a)

Position / status

NED

b)

Initial notification / amendment

Initial notification

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

c)

Description of the financial instrument

Ordinary shares of 0.5p each

ISIN: GB00BYQDPD80

d)

Nature of the transaction

Cancellation of share options

 

e)

Price(s) and volume(s)

 

Price

Volume

N/A

22,222

f)

Aggregated information

Aggregated volume

Price

22,222 options cancelled

g)

Date of the transaction

14 April 2026

 

h)

Place of the transaction

XLON

 

 

 

 

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