REG - Yu Group PLC - Transfer of Treasury Shares

YuAnnouncement

29/01/2025 07:00

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RNS Number : 0294V  Yu Group PLC  29 January 2025

29 January 2025

Yü Group PLC

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

 

Transfer of Treasury Shares

 

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 on 28 January 2025 the Group transferred 5,482 Ordinary shares
of 0.5p each in the Company ("Ordinary Shares") from Treasury to satisfy the
exercise of employee share options.

 

The total number of Ordinary Shares in issue (excluding treasury shares)
following this announcement is 16,789,819. Yü Group holds 229,496 shares in
treasury.

 

The figure of 16,789,819 may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the Company, under the
FCA's Disclosure Guidance and Transparency Rules.

 

- Ends -

 

 

 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

 Teneo               +44 (0) 20 7353 4200

 Giles Kernick

 

 

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.

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