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RNS Number : 5952L Vianet Group PLC 06 September 2023
6 September 2023
Vianet Group plc
("Vianet" or the "Group")
Director/PDMR Transaction
Vianet Group plc (AIM: VNET), the international provider of actionable data
and business insight through devices connected to its Internet of Things
platform ("IOT"), announces that Mark Foster, Chief Financial Officer of the
Company has today acquired 4,142 ordinary shares in the Company ("Ordinary
Shares") at a price of 77 pence per share
Following this transaction Mark Foster, together with his spouse, is now
interested in a total of 347,192 Ordinary Shares, representing approximately
1.17 per cent. of the Company's issued share capital.
The notifications below, provided in accordance with the requirements of the
UK Market Abuse Regulation, provide further details.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Mark Foster
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Vianet Group PLC
b) LEI 2138007KAM1HB8E7E134
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction
a) Description of the financial instrument, type of instrument Ordinary Shares of 10 pence each
Identification code
ISIN: GB00B13YVN56
b) Nature of the transaction Transfer of Ordinary Shares
c) Price(s) and volume(s)
Price(s) Volume(s)
77 pence per ordinary share 4,142
d) Aggregated information Not applicable
- Aggregated volume
- Price
e) Date of the transaction 6 September 2023
f) Place of the transaction Outside of a Trading Venue
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
6 September 2023
f)
Place of the transaction
Outside of a Trading Venue
- Ends -
Enquiries:
Vianet Group plc
James Dickson, Chairman & Interim CEO Tel: +44 (0) 1642 358 800
Mark Foster, CFO www.vianetplc.com (http://www.vianetplc.com/)
Cenkos Securities plc
Stephen Keys / Camilla Hume Tel: +44 (0) 20 7397 8900
www.cenkos.com (http://www.cenkos.com/)
Investor enquiries:
Dale Bellis Tel: +44 (0) 20 7397 8900
About Vianet
Vianet Group capture and process operational data to produce critical insight,
analysis and actionable information enabling customers to transform business
performance.
Since its Admission to AIM in 2006, the Group has grown from its core beer
monitoring business to widen its offering and develop new businesses,
especially in vending telemetry and contactless payment solutions particularly
for the premium coffee sector.
Servicing over three hundred customers across the world and rendering live
data to our IOT platform from a footprint of over 210,000 connected devices
daily, Vianet is one of the largest business to business connected solutions
providers in Europe with established long-term relationships with blue chip
customers and growing recurring revenues which are over 85% of our total
revenues.
In our Smart Machines division, we connect a single data gathering device to
a customer's asset or system. The device then sends data back via our IOT
platform to cloud based servers. The flexibility and functionality of the
device means the technology can be applied to any machine which has the
capability to output data. In our award-winning end-to-end solution the device
is also used to connect our contactless payment solution and communicate
payment terms to our cloud-based payment services providers.
The Smart Zones division is where we connect multiple data gathering devices
into one or more systems or assets with the data from those devices being
communicated back to our IOT platform via a single 4G LTE communications hub.
The technology was originally developed for beverage and asset management in
drinks retailing but can be used with any data gathering device with a digital
output such as gaming machines, utilities management. and POS.
For further information, please visit www.vianetplc.com
(http://www.vianetplc.com/)
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