REG - Yu Group PLC - Extension of Shell Hedging Facility

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RNS Number : 1614F  Yu Group PLC  21 May 2026

Prior to publication the information communicated in this announcement was
deemed by the Company to constitute inside information for the purposes of
article 7 of the Market Abuse Regulations (EU) No 596/2014 as amended by
regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations No
2019/310 ('MAR'). With the publication of this announcement, this information
is now considered to be in the public domain.

 

21(st) May 2026

Yü Group PLC

("Yü Group" or the "Group")

 

Extension of transformational Hedging Facility with Shell Energy Europe
Limited

 

Yü Group PLC (AIM: YU.), the independent supplier of gas, electricity, meter
asset owner and installer of smart meters, is delighted to announce an
extension to the structured trading agreement ("Hedging Facility") with Shell
Energy Europe Limited ("Shell Energy"). The Group initially entered into a
five-year Hedging Facility in February 2024. On the back of the success of the
relationship the Group has today entered into a three-year extension of the
term to 2032.

The extension of the Hedging Facility represents the continued strength of the
partnership that has been developed between Yü Group and Shell Energy,
capable of underpinning annual revenues significantly in excess of £2bn.

The Hedging Facility continues to provide structured access to the commodity
markets without cash deposited as collateral to support mark-to-market
movements which can absorb capital in volatile commodity environments. The
extension offers a significant increase in volume capacity to facilitate the
ambitious three-year growth plan, SS2B, as well as flexibility in product
development to improve our breadth of offering to meet wider customer needs.

The extension ensures Yü Group are well placed to deliver their ambitious
stated growth plan to secure a 7-9% market share by 2028.

 

 

Bobby Kalar, Chief Executive Officer of Yü Group, commented:

"This extension clearly demonstrates the strength of the relationship between
our respective businesses, and whilst our ambitious growth plans were not
precedent on getting this deal done it gives us a clear runway to continue the
job of becoming the fastest growing dominant B2B supplier in the UK. As
always, I would like to thank the hard work put in by my amazing team."

 

For further information, please contact:

 Yü Group PLC       +44 (0) 115 975 8258

 Bobby Kalar

 Andy Simpson

 Panmure Liberum    +44 (0) 20 3100 2000

 Bidhi Bhoma

 Edward Mansfield

 Satbir Kler

 Gaya Bhatt

 

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 c.47% over the last five 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, including through the ownership of smart meter assets
to generate a recurring index-linked annuity income over a 15+year period.

 

 

 

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