TIDMYU.

RNS Number : 2658G

Yu Group PLC

05 November 2018

Yü Group PLC

(the "Group")

Appointments to support review

Yü Group PLC, the independent supplier of gas and electricity to the UK corporate sector, provides the following update subsequent to the Trading and Accounting Review announced on 24 October 2018.

To support the Board with its forensic review, both PWC LLP and DLA Piper LLP have been appointed to carry out an independent forensic investigation (the "Review").

The Board will continue to invest in processes and systems and will take on recommendations from the Review of any measures to improve internal controls.

The Board will provide a further update to the market in due course.

For further information, please contact:

 
Yü Group PLC 
 Bobby Kalar 
 Paul Rawson        +44 (0) 115 975 8258 
Shore Capital 
 Edward Mansfield 
 James Thomas       +44 (0) 20 7408 4090 
Alma PR 
 Josh Royston 
 John Coles 
 Robyn Fisher       +44 (0) 7780 901 979 
 

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 or visit www.rns.com.

END

MSCFKQDKFBDKBDK

(END) Dow Jones Newswires

November 05, 2018 02:00 ET (07:00 GMT)

Yu (LSE:YU.)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Yu Charts.
Yu (LSE:YU.)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Yu Charts.