Business
Result of AGM and Confirmation of Dividend
Result of AGM and Confirmation of Dividend.
About this update from Yu Group Plc
[{"type":"text","content":"\n\n22 May 2025\n \nYü Group PLC\n(\"Yü Group\", the \"Company\" or the \"Group\")\n \nResult of AGM and Confirmation of Dividend\n \nYü Group (AIM: YU.), the independent supplier of gas and electricity, meter asset owner, and installer of smart meters to the UK corporate sector, announces that all resolutions proposed at the Company's Annual General Meeting were passed on a poll.\nAccordingly, the Company will pay a final dividend of 41 pence (2024: 37 pence) in relation to the year ended 31 December 2024. As previously announced, the dividend will be payable on 19 June 2025 to all shareholders on the register on 30 May 2025 and the shares will go ex-dividend on 29 May 2025.\nA brief presentation delivered at the AGM, together with the results of the AGM voting, will be published on the Group's investor website at www.yugroupplc.com.\n \n \nFor further information, please contact:\n\n\n\n\nYü Group PLC\nBobby Kalar\nPaul Rawson\n \n \n\n\n+44 (0) 115 975 8258\n \n\n\n\n\nPanmure Liberum\nBidhi Bhoma\nEdward Mansfield\nSatbir Kler\nGaya Bhatt\n \n \n\n\n+44 (0) 20 3100 2000\n\n\n\n\n \n \n \nNotes to Editors\nInformation on the Group\nYü 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.\nYü 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 c.60% over the last four years, and has consistently improved margin and profitability performance. In 2023 the Group launched Yü Smart and Yü Charge to support growth through new opportunities in smart metering installation, including through the ownership of smart meter assets to generate a recurring index-linked annuity income over a 15+year period.\n\n","length":4782,"tagName":"div"}]