Picture of Yu logo

YU. Yu News Story

0.000.00%
gb flag iconLast trade - 00:00
UtilitiesSpeculativeSmall CapSuper Stock

REG - Yu Group PLC - Grant and Confirmation of Share Options

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260415:nRSO4741Aa&default-theme=true

RNS Number : 4741A  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 Director(1)     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       +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 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                   360,000 options at 1,503 pence

     Aggregated volume

     Price
 g)  Date of the transaction                  14 April 2026

 h)  Place of the transaction                 XLON

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                   172,000 options at 1,503 pence

     Aggregated volume

     Price
 g)  Date of the transaction                  14 April 2026

 h)  Place of the transaction                 XLON

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                   160,000 options at 1,503 pence

     Aggregated volume

     Price
 g)  Date of the transaction                  14 April 2026

 h)  Place of the transaction                 XLON

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                   80,000 options at 1,503 pence

     Aggregated volume

     Price
 g)  Date of the transaction                  14 April 2026

 h)  Place of the transaction                 XLON

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                   22,222 options cancelled

     Aggregated volume

     Price
 g)  Date of the transaction                  14 April 2026

 h)  Place of the transaction                 XLON

f)

Aggregated information

Aggregated volume

Price

22,222 options cancelled

g)

Date of the transaction

14 April 2026

 

h)

Place of the transaction

XLON

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHUSUBRNOUSAAR



            Copyright 2019 Regulatory News Service, all rights reserved

Recent news on Yu

See all news