REG - Yu Group PLC - Result of AGM and Confirmation of Dividend

YuAnnouncement

22/05/2025 16:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250522:nRSV8559Ja&default-theme=true

RNS Number : 8559J  Yu Group PLC  22 May 2025

22 May 2025

 

Yü Group PLC

("Yü Group", the "Company" or the "Group")

 

Result of AGM and Confirmation of Dividend

 

Yü Group (AIM: YU.), the independent supplier of gas and electricity, meter
asset owner, and installer of smart meters to the UK corporate sector,
announces that all resolutions proposed at the Company's Annual General
Meeting were passed on a poll.

Accordingly, the Company will pay a final dividend of 41 pence (2024: 37
pence) in relation to the year ended 31 December 2024. As previously
announced, the dividend will be payable on 19 June 2025 to all shareholders on
the register on 30 May 2025 and the shares will go ex-dividend on 29 May 2025.

A brief presentation delivered at the AGM, together with the results of the
AGM voting, will be published on the Group's investor website at
www.yugroupplc.com (http://www.yugroupplc.com) .

 

 

For further information, please contact:

 Yü Group PLC       +44 (0) 115 975 8258

 Bobby Kalar

 Paul Rawson

 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.60% over the last four years, and has
consistently improved margin and profitability performance. In 2023 the Group
launched Yü Smart and Yü Charge 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.

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  MSCFLFVEEVIFFIE