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:
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Vianet Group plc
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James Dickson, Chairman &
CEO
Mark Foster, CFO
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Tel: +44
(0) 1642 358 800
www.vianetplc.com
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Cavendish Capital Markets Limited
|
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Camilla Hume/Stephen
Keys
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Tel: +44
(0) 20 7220 0500
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www.cavendish.com
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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