Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
To NZX Limited
To VMob Group Limited (VML)
Relevant event being disclosed: Movement of 1% or more
Date of relevant event: 29 June 2015
Date this disclosure made: 30 June 2015
Date last disclosure made: 30 January 2015
Substantial product holder(s) giving disclosure
Full name(s): Scott Bradley, Rebecca Bradley, Sharbo Limited
Summary of substantial holding
Class of quoted voting products: Ordinary shares
Summary for Scott Bradley, Rebecca Bradley, Sharbo Limited
For this disclosure,—
(a) total number held in class: 17,281,095
(b) total in class: 66,494,449
(c) total percentage held in class: 25.99%
For last disclosure,—
(a) total number held in class: 432,227,361
(b) total in class: 1,468,406,587
(c) total percentage held in class: 29.44%
Details of transactions and events giving rise to relevant event
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.
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.
Details after relevant event
Details for Scott Bradley, Rebecca Bradley, Sharbo Limited
Nature of relevant interest(s): Registered holder and beneficial owner of financial products
For that relevant interest,—
(a) number held in class: 17,281,095
(b) percentage held in class: 25.99%
(c) current registered holder(s): Sharbo Limited
Address(es) of substantial product holder(s): Unit G12, The Zone, 23 Edwin Street, Mt, Auckland 1024 , New Zealand
Contact details: Scott Bradley – Mobile 021 722 556 – Email [email protected]
Nature of connection between substantial product holders: Scott Bradley and Rebecca Bradley are the beneficial owners and controllers of Sharbo Limited
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
Scott Bradley is also a director of VML. This disclosure also constitutes disclosure for the purposes of the directors’ and senior managers’ disclosure obligations.
We, Scott Bradley and Rebecca Bradley, 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.