REG - Yu Group PLC - Exercise of Options

YuAnnouncement

22/08/2023 14:30

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RNS Number : 1140K  Yu Group PLC  22 August 2023

22 August 2023

Yü Group PLC

("Yü Group" or the "Group")

Exercise of Employee Options and Total Voting Rights

Yü Group PLC (AIM: YU.), the independent supplier of gas, electricity, meter
asset owner and installer of smart meters to the UK corporate sector,
announces that is has made an application to the London Stock Exchange for the
admission to trading on AIM of 51,808 new ordinary shares of 0.5p each ("New
Shares") to satisfy an exercise of options granted under the Yü Group PLC
Employee Share Option Plan.

The New Shares will rank pari passu with the Company's existing issued shares
and are expected to be admitted to trading on AIM at 8:00a.m. on the 29 August
2023.

Total Voting Rights

Following this admission, the Group's share capital and total voting rights
comprises 16,714,926 ordinary shares of 0.5p each and the Group does not hold
any shares in treasury. Consequently, 16,714,926 is the figure which may be
used by shareholders as the denominator for the calculation by which they will
determine if they are required to notify their interest in, or a change to
their interest in, under the FCA's Disclosure and Transparency Rules.

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

 Satbir Kler

 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 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 and
value for all of our stakeholders, built on strong foundations and with a
robust hedging policy. In 2022 the Group launched Yü Smart to support growth
through new opportunities in smart metering installation. With a significant
opportunity in a £50bn+ addressable market, Yü Group continues to deliver on
the medium-term goal of £500m of revenues with an adjusted EBITDA margin in
excess of 5%.

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