Disclosure of ceasing to have substantial holding Section 279, Financial Markets Conduct Act 2013
To NZX Limited
To VMob Group Limited (VML)
Date this disclosure made: 1 July 2015
Date last disclosure made: 30 January 2015
Date on which substantial holding ceased: 29 June 2015
Substantial product holder(s) giving disclosure
Full name(s): Philip Norman
Summary of previous substantial holding
Class of quoted voting products: Ordinary shares
Summary for Philip Norman, and Philip Norman, Wendy Norman and Murray Wells as trustees of the Norman Family Trust
For last disclosure,—
(a) total number held in class: 78,857,443
(b) total in class: 1,468,406,587
(c) total percentage held in class: 5.37%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 3,203,767
(b) total in class: 66,494,449
(c) total percentage held in class: 4.82%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: On 7 May 2015 VML consolidated the ordinary shares on issue on the basis of 1 new ordinary share for 25 old ordinary shares. Following this consolidation there were 58,736,421 ordinary shares on issue.
On 28 May 2015 VML issued 6,750,000 ordinary shares in VML at a price of NZ$0.40 per share.
On 29 June 2015 VML issued 1,008,028 ordinary shares in VML at a price of NZ$0.374 per share as part of a Share Purchase Plan. Philip Norman subscribed for 40,107 ordinary shares for NZ$15,000.
The holder’s percentage shareholding in the issuer has reduced following an increase in the total number of ordinary shares on issue as a result of the May 2015 private placement and June 2015 Share Purchase Plan.
Address(es) of substantial product holder(s): 3/37 Tamaki Drive, Auckland 1071, New Zealand
Contact details: Philip Norman – Mobile 021 667 210 – Email [email protected]
Nature of connection between substantial product holders: Philip Norman is also a trustee of the Norman Family Trust and therefore has the power to jointly exercise, or to control the exercise of, a right to vote attached to the 9,362 shares held by himself, Wendy Norman and Murray Wells as trustees of that trust.
Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: Not applicable
Disclosure has effect for purposes of directors’ and senior managers’ disclosure
Philip Norman is also a director of VML. This disclosure also constitutes disclosure for the purposes of the directors’ and senior managers’ disclosure obligations.
I, Philip Norman, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made.