Issue of Securities by VMob Group Limited (VML)

VMOB GROUP LIMITED

25 June 2014

NZX Limited
Wellington

ISSUE OF SECURITIES BY VMOB GROUP LIMITED

VMob Group Limited (“VML”) advises that it has issued 6,836,000 new options to acquire ordinary shares as follows:

Class of Security: Options to acquire Ordinary Shares in the Company (“Options”)

ISIN: Not applicable – securities are not listed

Number issued: 6,836,000

Payment: 2.0 cents payable upon the exercise of each Option

Percentage of total Class of Securities issued: Not applicable.

Reason for the issue: The Options are being issued to senior executives, staff and other associated persons of the Company to assist with (i) securing the provision of the on-going services of the recipients, (ii) retaining the on-going services of the recipients, and (iii) aligning the interests of that recipients with the shareholders of the Company.

The exercise price of 2.0 cents per share is equal to the trading VWAP (Volume Weighted Average Price) over the preceding 30 days.

Authority of issue: Director’s Resolution and NZAX Listing Rule 7.3.6.

Terms of issue: The new shares issued upon the exercise of the Options will be credited as fully paid, and rank in all respects equally with the shares already on issue.

Total number of securities of the Class in existence after the issue: Not applicable

Date of issue: 24 June 2014

VMOB GROUP LIMITED