Yu Group PLC Posting of circular and notice of general meeting (6502X)
May 09 2016 - 5:45AM
UK Regulatory
TIDMYU.
RNS Number : 6502X
Yu Group PLC
09 May 2016
9 May 2016
Yü Group PLC
(the "Company")
Posting of circular re proposed capital reduction and notice of
general meeting
Yü Group PLC, the independent supplier of gas and electricity to
the UK corporate sector, announces that it has posted to
shareholders a circular ("Circular") regarding a proposed capital
reduction and notice of general meeting.
The Circular has been published further to the statement in the
Company's AIM Admission Document dated 11 March 2016, confirming
its intention to undertake a reduction of its share premium account
in order to create distributable reserves and facilitate the
ability to make future payment of dividends.
The Circular contains details of the general meeting to be held
at 11.30 a.m. on 26 May 2016 at the offices of DLA Piper, 3 Noble
Street, London, EC2V 7EE. A copy of the Circular, dated 29 April
2016, is available of the Company's website:
www.yugroupplc.com.
For further information, please contact:
Yü Group PLC
Bobby Kalar
Nick Parker +44 (0) 115 975 8258
Shore Capital
Bidhi Bhoma
Edward Mansfield
Anita Ghanekar +44 (0) 20 7408 4090
Alma PR
Josh Royston +44 (0) 7780 901 979
Hilary Buchanan +44 (0) 7515 805 218
John Coles +44 (0) 7836 273 660
Notes to Editors
Information on the Group
Yü Energy 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 was founded by Bobby Kalar and 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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May 09, 2016 05:45 ET (09:45 GMT)
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