Yu Group PLC Appointment of Chief Finance Officer (4807Y)
August 22 2018 - 2:01AM
UK Regulatory
TIDMYU.
RNS Number : 4807Y
Yu Group PLC
22 August 2018
Yü Group PLC
(the "Group" or "Company")
Appointment of Chief Finance Officer
Yü Group PLC (AIM: YU.), the independent supplier of gas and
electricity to the UK corporate sector, is delighted to announce
the appointment of Paul Rawson as Chief Financial Officer ("CFO")
with effect from 3(rd) September 2018.
Paul has a degree in Accountancy and is a qualified Chartered
Accountant (ICAEW) with a history in financial and commercial
management in high growth businesses. In 2001, after spending 5
years in accountancy and tax advisory roles, he left KPMG to join
the energy industry in what is now the Engie Group, where he held
various senior financial and general management positions.
Whilst at Engie Paul was Financial Director responsible for
developing and implementing new management information reports to
include financial and non-financial KPI's. He also led the
financial and commercial aspects of a GBP100m investment project to
supply energy across the London Olympic Park and concluded a number
of energy related M&A transactions.
Paul was latterly responsible, as Divisional CEO, for energy
solutions spanning the retail supply of gas and power to
businesses, the provision of low carbon generation, energy Software
as a Service and smart building technologies and the launch of a
domestic energy retail offer.
Bobby Kalar, Chief Executive of Yü Group, said: "I am delighted
that Paul will be joining Yü Group as CFO and look forward to
working with him managing and accelerating the Company's rapid
growth. Paul's financial and sector experience, together with his
operational skill sets, will prove immensely beneficial to the
Group as it continues to pursue its growth agenda."
For further information, please contact:
Yü Group PLC
Bobby Kalar +44 (0) 115 975 8258
Shore Capital
Dru Danford
Edward Mansfield
Anita Ghanekar
James Thomas +44 (0) 20 7408 4090
Alma PR
Josh Royston +44 (0) 7880 901 979
John Coles +44 (0) 7836 273 660
Robyn Fisher +44 (0) 7540 706 191
Additional Information:
The following information is disclosed under Schedule 2 (g) of
the AIM Rules.
i. Paul Edwin Rawson, 43, is currently a director of:
Power 48 Ltd
ii. Within the last 5 years, he has also served as a director or
been a partner of the following companies:
Association for Decentralised Energy
Birmingham District Energy Company Ltd
Bloomsbury Heat & Power Ltd
C3 Resources Ltd
Cheshire Energy Networks Ltd
Cofathec Energy Ltd
Cofathec Energy PFI Ltd
Cofathec Energy Services Ltd
Colledge Trundle & Hall Ltd
Coventry District Energy Company Ltd
East London Energy Ltd
Ecova, Inc Ltd
Elyo Falcon Ltd
Engie DE Holding Company Ltd
Engie Energy Services UK Ltd
Engie FM Ltd
Engie Gas Ltd
Engie Gas Shipper Ltd
Engie Home Ltd
Engie Power Ltd
Engie Services Ltd
Engie Supply Holding UK Ltd
Engie Urban Energy Group Ltd
Engie Urban Energy Ltd
Excel District Energy Company Ltd
Gower Street Heat & Power Ltd
Industrial Energy Services Ltd
Industrielle De Chauffage Enterprise United Kingdom Ltd
International Power Retail Supply Company (UK) Ltd
IPM Energy Retail Ltd
Leicester District Energy Company Ltd
Power Efficiency Holdings Ltd
Southampton Geothermal Heating Company (the) Ltd
Paul Rawson has confirmed that there is no other additional
information to be disclosed under Schedule 2 (g) of the AIM
Rules.
Notes to Editors
Information on the Group
Yü Group PLC, trading as 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 listed on the AIM market of
the London Stock Exchange following a successful IPO in March
2016.
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
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