Yü Energy list on AIM

YÜ ENERGY LISTS ON AIM

Yü Energy, an independent supplier of gas and electricity to SMEs, today listed on the AIM market of the London Stock Exchange, following an over-subscribed placing. The placing price of 185p per ordinary share valued the company at £26 million.

Bobby Kalar, CEO of Yü Energy commented: “We have been delighted with the level of support from institutional investors and look to welcome them as shareholders. The Placing was significantly over-subscribed which speaks volumes about the quality of business we have built, especially given current market conditions.”

Seven Hills has worked with Yü Energy on a targeted media relations campaign since early 2016, focused on raising the profile of the company amongst both SMEs and the investor community.

Tweet about this on TwitterShare on LinkedInShare on FacebookGoogle+