Source - RNS
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 prior to grant

Options Granted (in lieu of 2017 bonus waiver)

Options Granted (under Company's annual share option grant 2018)

Total number of Options held following grant

Total number of Options held as % of issued share capital

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 £10.38 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
 
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