Financial news

DGAP-DD: Vtion Wireless Technology AG (english)

06/10/2017 - 17:58


    DGAP-DD: Vtion Wireless Technology AG english

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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.

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

a) Name

     Title:
     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
     ISIN:    DE000CHEN993

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


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

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   Language:    English
   Company:     Vtion Wireless Technology AG
                Westhafenplatz 1 (Westfalen Tower)
                60327 Frankfurt
                Germany
   Internet:    www.vtion.de



   End of News    DGAP News Service
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38131 06.10.2017

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