Vianet Group PLC Director/PDMR Shareholding (8396T)

TIDMVNET

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        Total number       % of issued 
                               Awards         of Ordinary    ordinary share 
                                              Shares held          capital. 
                                         post Share Award 
 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        Initial 
       / amendment 
     --------------------------  ------------------------------------------ 
 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          Ordinary Shares of 10p each 
       financial instrument, 
       type of instrument          ISIN: GB00B13YVN56 
       Identification code 
     --------------------------  ------------------------------------------ 
 b)   Nature of the transaction   Share Awards 
     --------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)             Volume(s) 
                                          1. 120p per 
                                           share          125,743 
                                           2. 120p per 
                                            share          100,000 
                                           120.0p per 
                                            share 
                                                         ---------- 
     --------------------------  ------------------------------------------ 
 d)   Aggregated information 
       - Aggregated volume          N/A - single transaction 
       - Price 
     --------------------------  ------------------------------------------ 
 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        T: [phone] 
  Mark Foster - CFO               800 
 Cenkos Securities (Nominated 
  Adviser & Broker) 
 Stephen Keys / Camilla Hume     [phone] 
 

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 [e-mail] or visit www.rns.com.

END

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July 06, 2018 03:36 ET (07:36 GMT)