Yü Group PLC provides the following update to the market. As previously announced, Yü Group intended to publish its audited results for the year ended 31 December 2019 on Tuesday 31 March 2020. Yü Group confirms that the audit of its financial results for the year ended 31 December 2019 is at an advanced stage and that the Group was intending to publish its audited results as it had planned. However, being mindful of the recent requests from the Financial Conduct Authority ("FCA") and the Financial Reporting Council for companies to delay the reporting of their financial results and following a request from its auditors, the Board has agreed to defer the announcement of its final results. Therefore, it will no longer publish them on 31 March 2020. The audited results will be published once the situaon becomes clearer and the FCA's moratorium has been lifted.

In line with existing guidance provided in the trading update announced on 28 January 2020, the Board expects to report revenues of approx. £110 million (2018: £80.6 million), an increase of c. 35% and ahead of market expectations.