Remuneration Information • Feb 26, 2019
Remuneration Information
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National Storage Mechanism | Additional information
RNS Number : 0623R
Yu Group PLC
26 February 2019
Yü Group PLC
(the "Group" or the "Company")
Grant of Options / Director dealing
Yü Group PLC (AIM: YU.), the independent supplier of gas, electricity and water to the UK corporate sector, announces the grant of 320,000 share options ("Options") under the Company's share option plan.
70,000 Options have been granted with an exercise price of 109 pence, being the five day volume weighted average price as at close of business on 22 February 2019, to retain and incentivise certain members of senior management.
A further 250,000 Options have been granted to Paul Rawson, Chief Financial Officer, with an exercise price of 0.5 pence. Paul Rawson, who joined the Group on 3 September 2018, is not currently interested in any ordinary shares in the Group.
The Options are due to vest on 25 February 2022, and can be exercised from that time until they lapse on 25 February 2029.
Following these grants the Company has a total of 893,290 share options outstanding representing 5.5% of the existing issued share capital of the Company.
For further information, please contact:
| Yü Group PLC Bobby Kalar Paul Rawson |
+44 (0) 115 975 8258 |
| Shore Capital Edward Mansfield Anita Ghanekar James Thomas |
+44 (0) 20 7408 4090 |
| Alma PR Josh Royston Hilary Buchanan Helena Bogle |
+44 (0) 7780 901 979 |
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 Edwin Rawson
2.
Details of PDMR / person closely associated with them ('PCA')
a)
Position / status
Chief Financial Officer
b)
Initial notification / amendment
26 February 2019
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 £0.005 each
ISIN: GB00BYQDPD80
d)
Nature of the transaction
Grant of options
e)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 0.5p | 250,000 |
f)
Aggregated information
Aggregated volume
Price
250,000
0.5p per share
g)
Date of the transaction
25 February 2019
h)
Place of the transaction
N/A
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 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.
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 [email protected] or visit www.rns.com.
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