Business
Capital Reduction Effective
Capital Reduction Effective.
About this update from Yu Group Plc
[{"type":"text","content":"\n \nRNS Number : 0565C Yu Group PLC 23 June 2016 \n\n23 June 2016\n \nYü Group PLC\n(the \"Company\")\nCapital Reduction Effective\n \nYü Group PLC is pleased to announce that, further to its announcements on 9 and 26 May 2016, the cancellation of the Company's share premium account became effective on 22 June following registration of the Court order confirming the capital reduction by the Registrar of Companies.\n \nThe Company now has positive distributable reserves and is therefore in a position to be able to pay dividends in future, should it be appropriate to do so.\n \n \n \nFor further information, please contact:\n\n\n\n\nYü Group PLC\nBobby Kalar\nNick Parker\n \n\n\n+44 (0) 115 975 8258\n \n\n\n\n\nShore Capital\nBidhi Bhoma\nEdward Mansfield\nAnita Ghanekar\n\n\n+44 (0) 20 7408 4090\n\n\n\n\n\n\n\n\n\n\n\n\nAlma PR\nJosh Royston\nHilary Buchanan\nJohn Coles\n\n\n \n+44 (0) 7780 901 979\n+44 (0) 7515 805 218\n+44 (0) 7836 273 660\n\n\n\n\n \nNotes to Editors\nInformation on the Group\nYü 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. \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCEAXKDALSKEEF\n ","length":3584,"tagName":"div"}]