23 December 2015
ISSUE OF SECURITIES BY VMOB GROUP LIMITED (NZAX: 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: 7,608,823 fully paid Ordinary Shares at NZD 34 cents per Ordinary Share.
Payment: Cash on subscription.
Amount paid up: $2,587,000
Percentage of total Class of Securities issued: 9.27% (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 23 December 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: 82,053,920
Date of issue: 23 December 2015
VMOB GROUP LIMITED
For more information please contact:
Scott Bradley, CEO
+64 21 722 556
Andrew Dalziel, Acting CFO
+64 27 677 7575
VMob has quickly established itself as the global leader in the provision of end-to-end mobile personalisation and real-time, contextual analytics services that enable major retail brands to create highly personalised marketing campaigns to reach customers at exactly the right time and place.
The Company’s sophisticated technology platform integrates with retailers’ own smartphone apps to continuously collect and store real-time data (including movement speed, local weather and nearby events) with users’ lifestyle preferences, buying behaviour and location information to deliver personalised offers not possible with other media, resulting in significantly higher sales conversion rates.
The platform comprises a number of modules designed to acquire and serve customers, nurture them through the sales cycle and then reward them with loyalty inducements to encourage them back into store. These services are delivered using Microsoft’s cloud platform, Azure, through a global network of Microsoft data centres.
Visit www.vmob.com for further information.