Yu Group PLC Grant of Options (3865K)
10 April 2018 - 4:45PM
UK Regulatory
TIDMYU.
RNS Number : 3865K
Yu Group PLC
10 April 2018
Yü Group PLC
(the "Group")
Grant of Options
Yü Group PLC, the independent supplier of gas and electricity to
the UK corporate sector, announces that further to the announcement
on 6 March 2018, it has granted 147,778 share options ("Options")
to certain of its employees and the executive directors.
In respect of the executive directors 43,160 Options have been
granted in lieu of bonuses in 2017 and 62,618 Options have been
granted under the Company's annual share option grant.
Director Options held Options Granted Options Granted Total number of Total number of
prior to grant (in lieu of 2017 (under Company's Options held Options held as %
bonus waiver) annual share following grant of issued share
option grant capital
2018)
------------------- ------------------ ------------------ ----------------- ------------------ ------------------
Bobby Kalar CEO 131,850 16,570 24,084 172,504 1.06%
------------------- ------------------ ------------------ ----------------- ------------------ ------------------
Nick Parker, CFO 105,480 13,295 19,267 138,042 0.85%
------------------- ------------------ ------------------ ----------------- ------------------ ------------------
Garry Pickering,
COO 105,480 13,295 19,267 138,042 0.85%
------------------- ------------------ ------------------ ----------------- ------------------ ------------------
Total 43,160 62,618 448,588
------------------- ------------------ ------------------ ----------------- ------------------ ------------------
The Options have been granted with an exercise price of GBP10.38
being the five day volume weighted average price as at 9 April
2018. The Options will be exercisable from the third anniversary of
the date of grant.
Following these grants the Company has a total of 612,088 share
options outstanding representing 3.77% of the existing issued share
capital of the Company.
For further information please contact:
Yu Group PLC +44 (0) 115 975 8258
Bobby Kalar
Nick Parker
Shore Capital +44 (0) 20 7408 4090
Dru Danford
Edward Mansfield
Anita Ghanekar
Alma PR +44 (0) 20 8004 4218
John Coles
Josh Royston
Robyn Fisher
Notes to Editors
Information on the Group
Yü Group is an independent supplier of gas and electricity
focused on servicing larger corporate and SME businesses throughout
the UK. It has no involvement in the domestic retail market. The
Group is listed on the AIM market of the London Stock Exchange
following a successful IPO in March 2016.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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