Yu Group PLC Transfer of Treasury Shares
29 January 2025 - 6:00PM
RNS Regulatory News
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
Bobby Kalar
Paul Rawson
|
+44 (0) 115 975 8258
|
Panmure
Liberum
Bidhi Bhoma
Edward Mansfield
Satbir Kler
Gaya Bhatt
|
+44 (0) 20 3100 2000
|
Teneo
Giles Kernick
|
+44 (0) 20 7353 4200
|
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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END
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