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Director/PDMR Shareholding

6 Jul 2018 08:36

RNS Number : 8396T
Vianet Group PLC
06 July 2018
 

6 July 2018

 

Vianet Group

(the "Company")

Director/PDMR Shareholding

 

 

The Company announces that pursuant to terms of Vianet's LTIP, as announced on 22 December 2015, the following Directors and PDMRs have qualified under the Plan rules for an award, the net proceeds of which have been used to purchase in aggregate, a total of 225,743 Ordinary Shares (the "Share Awards") at a price of 120.0p in the Company as follows:

 

 

Name (Director/PDMR)

No. of Share Awards

Total number of Ordinary Shares held post Share Award

% of issued ordinary share capital.

Stewart Darling

125,743

188,987

0.67

Mark Foster

100,000

328,000

1.16

 

The Share Awards are being satisfied by the transfer of Shares from the Company's EBT. Following the transfer of Shares the EBT holds 230,107 ordinary shares representing 0.81% of the Company's issued share capital. As at 6 July 2018, the Company had 28,282,414 Ordinary Shares in issue.

 

The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provide further details in relation to Share Awards to the Company's Directors and PDMRs.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1. Stewart Darling

2. Mark Foster

2

Reason for the notification

a)

Position/status

1. Chief Executive Officer/Director

2. Chief Financial Officer/Director

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

a)

 

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 10p each

 

ISIN: GB00B13YVN56

b)

 

Nature of the transaction

 

Share Awards

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

1. 120p per share

2. 120p per share

120.0p per share

125,743

100,000

d)

Aggregated information

- Aggregated volume

- Price

 

N/A - single transaction

e)

Date of the transaction

6 July 2018

f)

Place of the transaction

Outside of a trading venue

 

For further information, please contact:

VIANET GROUP PLC

James Dickson - Chairman

Mark Foster - CFO

 

T: +44 (0)1642 358 800

Cenkos Securities (Nominated Adviser & Broker)

Stephen Keys / Camilla Hume

 

+44 (0) 20 7397 8900

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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