REG - Yu Group PLC - SAYE Option Plan & PDMR Dealing

YuAnnouncement

02/12/2022 07:00

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RNS Number : 3514I  Yu Group PLC  02 December 2022

2 December 2022

Yü Group PLC

("Yü Group" or the "Group")

SAYE Option Plan & PDMR Dealing

Yü Group PLC, the independent supplier of gas, electricity and water to the
UK corporate sector is pleased to announce that it has launched a Save As You
Earn ("SAYE") plan for all eligible employees. Under the SAYE plan, employees
have been offered the opportunity to participate in the future growth of the
Company through the granting of share options.

Eligible employees were invited to subscribe for options over ordinary shares
of 0.5 pence each ("Ordinary Shares") with an exercise price of 228 pence
per Ordinary Share, representing a 20 percent discount to the closing
mid-market price of the Ordinary Shares on 11 November 2022, being the
business day prior to opening of the SAYE scheme for application.  The
options have a savings contract start date of 1 December 2022 and are
exercisable between 1 January 2026 and 1 July 2026.

A total of 55 employees have elected to participate in the SAYE plan and,
pursuant to this, a grant of 178,478 options over Ordinary Shares has been
made on 1 December 2022, equating to 1.1 percent of the current issued share
capital of 16,649,618 Ordinary Shares.

The Company's following PDMRs and PCAs, Bobby Kalar, Paul Rawson, Navaz Dean,
Zara Azam, David Crowe, Stuart Convery and Adam Young participated in the SAYE
plan and in total were granted 48,153 options at an exercise price of 228p.

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.    Zara Azam

                                              5.    David Crowe

                                              6.    Stuart Convery

                                              7.    Adam Young
 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.    Spouse of Human Resources Director

                                              5.    Managing Director, BU Retail

                                              6.    Managing Director, BU Smart

                                              7.    Digital Marketing & Transformation 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 under SAYE scheme
 e)  Price(s) and volume(s)

  Price(s)  Volume(s)
                                              1.  228p      7,894
                                              2.  228p      7,894
                                              3.  228p      7,894
                                              4.  228p      7,894
                                              5.  228p      7,894
                                              6.  228p      7,894
                                              7.  228p      789

 
 f)  Aggregated information

     Aggregated volume                        48,153

     Price                                    228 pence
 g)  Date of the transaction                  1 December 2022

 h)  Place of the transaction                 Outside trading venue

 

f)

Aggregated information

Aggregated volume

Price

 

48,153

228 pence

g)

Date of the transaction

1 December 2022

 

h)

Place of the transaction

Outside trading venue

 

 

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