YU. Yu Group Plc

TIDMYU.

Yu Group PLC

06 August 2019

Yü Group PLC

("Yü Group" or the "Group")

Appointment of new Sales and Marketing Director

Yü Group PLC (AIM: YU.), the independent supplier of gas, electricity and water to the UK corporate sector, is pleased to announce the appointment of Simon Smith as the new Group Sales and Marketing Director, reporting to the Board of Directors.

Simon will be responsible for the strategic leadership of the sales and marketing functions at Yü Group. Simon has a strong track record of delivering sales growth through innovative solutions across a range of industries including energy, telecoms, procurement and IT. He is a proven leader, with a passion for creating a high-performance culture amongst his teams, enabling over-achievement against targets in what are naturally competitive markets.

Most recently, Simon has been running his own company, providing software as a service along with consultancy and analytics solutions to improve business procurement practices. Prior to that, Simon was the Commercial Director of Utilyx Ltd (now part of Mitie PLC), a supplier of energy procurement and price risk management services to the corporate sector.

Simon's appointment coincides with ongoing investment being made by the Group across its sales activities. The Group is currently expanding in a new sales office in Leicester, is investing in technology to further automate processes, and continues to develop new products and services that complement its offering.

Bobby Kalar, Group Chief Executive Officer, commented:

"I am delighted to welcome Simon onboard and look forward to working with him to grow new and existing sales channels. Having someone with his commercial sales expertise will help further accelerate our growth strategy. Opportunities in the utilities market remains ripe and I am looking forward to the next phase of growth. We are totally committed to growing Yü Group's market share via offering businesses across Great Britain a differentiated level of service and a range of innovative products. I firmly believe that the investment in sales, products and digital platforms will yield sustainable benefits long term."

For further information, please contact:

 
Yü Group PLC 
 Bobby Kalar 
 Paul Rawson        +44 (0) 115 975 8258 
Alma PR 
 Josh Royston 
 John Coles 
 Hilary Buchanan 
 Helena Bogle       +44 (0) 7780 901 979 
 

Notes to Editors

Information on the Group

Yü Group PLC, trading as Yü Energy, is an independent supplier of gas, electricity and water focused on servicing the corporate sector 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 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.

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August 06, 2019 02:01 ET (06:01 GMT)

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