Vianet Group PLC HMRC R&D Tax Refund (5736B)
June 05 2023 - 2:00AM
UK Regulatory
TIDMVNET
RNS Number : 5736B
Vianet Group PLC
05 June 2023
05 June 2023
Vianet Group plc
("Vianet" or the "Group")
HMRC R&D tax refund
As previously notified on 2(nd) May 2023, the Company applied to
HMRC for a tax refund in respect of R&D losses incurred in FY
2021 and FY 2022 and is pleased to confirm that the Group has now
received a refund amounting to GBP924,774 from HMRC. The money will
be used to strengthen the balance sheet, support further
development opportunities as well as to facilitate the Board's
ambition to return to paying a dividend to the Company's
shareholders.
James Dickson, Chairman of Vianet, commented: "We are pleased to
have received this rebate in respect of the valuable research and
development that the Company has done. Technology is a major part
of our business, and our continued research and development enables
us to be at the forefront of our industry and provide the highest
quality of service to our customers. We look forward to updating
our shareholders on 13 June 2023 with the release of our financial
results for the year ended 31 March 2023, and there will be a
presentation via Investor Meet Company at 10.30am that day."
Enquiries:
Vianet Group plc
James Dickson, Chairman & CEO Tel: +44 (0) 1642 358
Mark Foster, CFO 800
www.vianetplc.com
Cenkos Securities plc
Stephen Keys / Camilla Hume Tel: +44 (0) 20 7397
8900
www.cenkos.com
Investor enquiries:
Dale Bellis Tel: +44 (0) 20 7397
8900
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