Director/PDMR Shareholding

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 Identification code	Ordinary Shares of 10 pence each 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 - 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 Mark Foster, CFO	Tel: [phone] www.vianetplc.com
Cenkos Securities plc
Stephen Keys / Camilla Hume	Tel: [phone]
	www.cenkos.com

Investor enquiries:

Dale Bellis

Tel: [phone]

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

 

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