Issue of Securities by VMob Group Limited (VML)

27 October 2015

NZX Limited
Wellington
E-mail: announce@nzx.com

ISSUE OF SECURITIES BY VMOB GROUP LIMITED (VML)

VMob Group Limited advises that it has issued new shares as follows:

Class of Security: Ordinary Shares in VML.

ISIN Number: NZSMRE0001S6.

Number issued and issue price: 5,480,059 fully paid Ordinary Shares at NZD 34 cents per Ordinary Share.

Payment: Cash on subscription.

Amount paid up: $1,863,221

Percentage of total Class of Securities issued: 7.54% (of the total number of Ordinary Shares on issue post completion of the issue).

Reason for the issue: To support VML’s growth strategy in offshore markets, particularly the United States.

Authority of issue: Board Resolution of VML dated 21 October 2015.

Terms of issue: The new Ordinary Shares are credited as fully paid and rank in all respects equally with the Ordinary Shares already on issue at the date on which they are issued.

Total number of securities of the Class in existence after the issue: 72,724,508

Date of issue: 27 October 2015

VMOB GROUP LIMITED

Steven Allan
Chief Financial Officer
+64 27 480 9991