VIANET GROUP PLC

Director's Dealing • Feb 20, 2023

National Storage Mechanism | Additional information

RNS Number : 4813Q

Vianet Group PLC

20 February 2023

20 February 2023

Vianet Group plc

("Vianet", "the Company" or "the Group")

Grant of Share Options

Vianet Group plc (AIM: VNET), an international cloud based provider of business intelligence and management software to the hospitality, unattended retail vending and remote asset management sectors, announces that on 15 February 2023 the Remuneration Committee approved the grant of a total of 450,000 share options  (the "Options") to James Dickson, Mark Foster, Stella Panu and David Coplin, Directors of the Company, over ordinary shares of 10 pence each in the share capital of the Company ("Ordinary Shares") under the Company's EMI Scheme.  In addition to long term incentive the award to James Dickson was also in recognition of forgone pension entitlement for FY22 and FY23 and to ensure that the Directors are appropriately remunerated.

The Options have an exercise price of 75.00 pence per ordinary share, being the closing midmarket price per ordinary share on 16 February 2023. Each of these Options vest after three years from the date of issue and are exercisable for a period of seven years from vesting and subject to the satisfaction of certain share price performance conditions. 

The breakdown of the grant of Options to each of the Directors is as follows:

Director	Option Scheme	Number of options	Option exercise price per share	Expiry date
James Dickson	EMI Scheme	250,000	75.00p	17 February 2033
Mark Foster	EMI Scheme	100,000	75.00p	17 February 2033
Stella Panu	EMI Scheme	50,000	75.00p	17 February 2033
Dave Coplin	EMI Scheme	50,000	75.00p	17 February 2033

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

James Dickson

2

Reason for the notification

a)

Position/status

PDMR

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

Grant of options under EMI Scheme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
75.00 pence	250,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

17 February 2023

f)

Place of the transaction

London Stock Exchange, AIM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Foster

2

Reason for the notification

a)

Position/status

PDMR

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

Grant of options under EMI Scheme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
75.00 pence	100,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

17 February 2023

f)

Place of the transaction

London Stock Exchange, AIM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stella Panu 

2

Reason for the notification

a)

Position/status

PDMR

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

Grant of options under EMI Scheme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
75.00 pence	50,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

17 February 2023

f)

Place of the transaction

London Stock Exchange, AIM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dave Coplin 

2

Reason for the notification

a)

Position/status

PDMR

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

Grant of options under EMI Scheme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
75.00 pence	50,000

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

17 February 2023

f)

Place of the transaction

London Stock Exchange, AIM

Enquiries:

Vianet Group plc
James Dickson, Chairman & CEO Mark Foster, CFO	Tel: +44 (0) 1642 358 800 www.vianetplc.com
Cenkos Securities plc
Stephen Keys / Camilla Hume	Tel: +44 (0) 20 7397 8900
	www.cenkos.com

Investor enquiries:

Dale Bellis	Tel: +44 (0) 20 7397 8900

About Vianet

Vianet Group is a leading provider of actionable management information and business insight created through combining data from our Internet of Things ('IOT') solutions and external information sources.

Since its Admission to AIM in 2006, the Group has grown from its core beer monitoring business both organically and through strategic acquisitions to widen its offering and develop new businesses, especially in vending telemetry and contactless payment solutions particularly for the premium coffee sector.

Servicing over 300 customers across the world and rendering live data to our IOT platform from over 250,000 connected machines daily, Vianet is one of the largest business to business (b2b) 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 with its own on-board communication capability to a customer's asset or system. The device then sends data back via our IOT platform to cloud based servers. The technology was originally developed for automated retailing machines; however, the flexibility and functionality of the device means the technology can be applied to any machine which has the capability to output data. The device is also used to connect our contactless payment solution and communicate payment terms to our cloud-based payment services providers where that application is also required.

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 and cloud-based servers via a single 4G communications hub. The technology was originally developed for flow monitoring devices, temperature sensors, and asset management in drinks retailing but any data gathering device with a digital output could be connected to the communications hub where required such as gaming machines, utilities management and POS.

For further information, please visit www.vianetplc.com

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