REG - Yu Group PLC - Director/PDMR Shareholding

YuAnnouncement

20/12/2022 07:00

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RNS Number : 2317K  Yu Group PLC  20 December 2022

20 December 2022

Yü Group PLC

("Yü Group" or the "Group")

Grant of Options

Director/PDMR dealing

Yü Group PLC, the independent supplier of gas, electricity and water to the
UK corporate sector announces that it has granted new share options to certain
PDMR's under the Group's performance share plan.

The Group announces the award of a total of 837,000 options over ordinary
shares of 0.5p each ("Ordinary Shares"), with an exercise price at par value.
The vesting of shares, from 31 March 2026, requires achievement of certain
stretching business performance conditions, with such conditions set and to be
monitored by the Remuneration Committee. The assessment against performance
conditions will result in a zero award of options below a qualifying level,
increasing to a full award depending on performance against these stretch
targets.

In addition, the Group announces that a further 1,578 Ordinary Shares have
been granted under the Save As You Earn Scheme announced 2 December 2022, at
an option price of £2.28 per share.

Notification and public disclosure of transactions by PDMRs pursuant to the EU
Market Abuse Regulations are included below.

For further information, please contact:

  Yü Group PLC      +44 (0) 115 975 8258

 Bobby Kalar

 Paul Rawson
 Liberum            +44 (0) 20 3100 2000

 Edward Mansfield

 William Hall

 Cara Murphy
 Tulchan Group      +44 (0) 20 7353 4200

 Giles Kernick

 Olivia Peters

 Oliver Norgate

 

Notes to Editors

Information on the Group

Yü Group PLC, trading as Yü Energy, is an independent supplier of gas,
electricity and water focused on servicing the SME and corporate sector
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 in March 2016.

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                                     1.    Bobby Kalar

                                              2.    Paul Rawson

                                              3.    Navaz Dean

                                              4.    Adam Young

                                              5.    David Crowe

                                              6.    Stuart Convery
 2.  Details of PDMR / person closely associated with them ('PCA')
 a)  Position / status                        1.    Chief Executive Officer

                                              2.    Chief Financial Officer

                                              3.    Human Resources Director

                                              4.    Digital Marketing & Transformation Director

                                              5.    Managing Director, BU Retail

                                              6.    Managing Director, BU Smart
 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 under performance share plan
 e)  Price(s) and volume(s)

  Price(s)  Volume(s)
                                              1.  0.5p      250,000
                                              2.  0.5p      187,000
                                              3.  0.5p      100,000
                                              4.  0.5p      100,000
                                              5.  0.5p      125,000
                                              6.  0.5p      75,000

 
 f)  Aggregated information

     Aggregated volume                        837,000

     Price                                    0.5 pence
 g)  Date of the transaction                  20 December 2022

 h)  Place of the transaction                 Outside trading venue

 

f)

Aggregated information

Aggregated volume

Price

 

837,000

0.5 pence

g)

Date of the transaction

20 December 2022

 

h)

Place of the transaction

Outside trading venue

 

 

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