Issue of Securities by VMob Group Limited (VML)
17 August 2015
E-mail: [email protected]
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: 750,000 fully paid Ordinary Shares at NZD 40 cents per Ordinary Share.
Payment: Cash on subscription.
Percentage of total Class of Securities issued: 1.12% (of the total number of Ordinary Shares on issue post completion of the issue).
Reason for the issue: This issue relates to the completion of the placement of securities to an investor who subscribed in the placement undertaken in May 2015 but failed to complete the payment of the subscription moneys in full. The final payment for the securities has now been received and the shares are able to be issued. The issue was to support the Company’s growth strategy; enable current and planned deployments and provide working capital.
Authority of issue: Board Resolution.
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.
Total number of securities of the Class in existence after the issue: 67,244,449
Date of issue: 17 August 2015
VMOB GROUP LIMITED
Chief Financial Officer
+64 27 480 9991