06.10.2017 - 17:58

DGAP-DD: Vtion Wireless Technology AG english

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

06.10.2017 / 17:57

The issuer is solely responsible for the content of this announcement.

1. Details of the person discharging managerial responsibilities / person closely associated

a) Name

First name: Guoping
Last name(s): Chen

2. Reason for the notification

a) Position / status

Position: Member of the managing body

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

Vtion Wireless Technology AG

b) LEI


4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument, identification code

Type: Share

b) Nature of the transaction

Mr. Guoping Chen is the sole shareholder of Sunshine Century Investment Ltd. ('SCI') and Awill Holdings Limited ('Awill'). SCI held 460,530 (3.77%) of the shares in the issuer Vtion Wireless Technology AG ('Vtion'); Awill held 7,393,892 (60.54%) of the shares in Vtion.

Mr. Chen is also a member of the management (Vorstandsmitglied) of Vtion.

On 3 October 2017, SCI transferred all of its 460,530 shares (3.77%) in Vtion for the day's market price of EUR 0.34 to Awill. The purchase price will be returned to Awill, so that effectively the purchase price for the transfer of the shares would be EUR 0.00.

c) Price(s) and volume(s)

Price(s) Volume(s)
0.00 EUR 0.00 EUR

d) Aggregated information

Price Aggregated volume
0.00 EUR 0.0000 EUR

e) Date of the transaction

2017-10-03; UTC+2

f) Place of the transaction

Outside a trading venue

06.10.2017 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Vtion Wireless Technology AG

Westhafenplatz 1 (Westfalen Tower)

60327 Frankfurt

Internet: www.vtion.de

End of News DGAP News Service

38131  06.10.2017 

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