REG - Vianet Group PLC - Exercise of Options

VianetAnnouncement

14/03/2024 14:00

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RNS Number : 9235G  Vianet Group PLC  14 March 2024

14 March 2024

 

 

Vianet Group plc

 

("Vianet" or the "Group")

 

Exercise of options

 

Vianet Group plc (AIM: VNET), the international provider of actionable data
and business insight through our ecosystem of connected hardware devices,
management software platforms, and smart insights portal, confirms that it has
issued, conditional on admission, 20,000 new ordinary shares of 10 pence each
in the capital of the Company ("Ordinary Shares"), pursuant to the exercise of
share options.

 

The new Ordinary Shares will rank pari passu with the existing Ordinary Shares
in issue and application has been made for the new Ordinary Shares to be
admitted to trading on the AIM Market of the London Stock
Exchange ("Admission"). Admission is expected to occur, and dealings in the
new Ordinary Shares commence, at 8:00 a.m. on 20 March 2024.

 

Following Admission, the Company will have 29,403,414 Ordinary Shares in
issue. This figure of 29,403,414 may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change of their interest in, the
Company under the FCA's Disclosure Guidance and Transparency Rules.

 

 

- Ends -

 

 Enquiries:

 Vianet Group plc
 James Dickson, Chairman & CEO      Tel: +44 (0) 1642 358 800

 Mark Foster, CFO                   www.vianetplc.com (http://www.vianetplc.com/)
 Cavendish Capital Markets Limited
 Camilla Hume/Stephen Keys          Tel: +44 (0) 20 7220 0500
                                    www.cavendish.com (http://www.cavendish.com/)

 

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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