VMob Group: Private Placement of Ordinary Shares

NZX release
11th December 2014

VMob Group Limited [NZAX: VML] 

VMob Group Limited (VMob) announces that it intends to negotiate with interested parties to raise up to NZ$3 million by way of private placements of ordinary shares priced at AU$0.01 per share. The offer to be made by VMob will only be available to eligible persons in New Zealand and sophisticated investors in Australia.

For further information contact: 
Scott Bradley, CEO
+64 21 722 556
Steve Allan, CFO
+64 27 480 9991


About VMob
The VMob mobile marketing platform, built specifically for retailers, uses in-store beacon functionality, mobile vouchers and mobile loyalty to increase store traffic, improve in-store experience and build loyalty. All app content is tailored specifically to each shopper by our big data platform, running on the Microsoft Azure network, using a combination of historic information and live data points such as location, weather and nearby events. VMob is based in Auckland, New Zealand and is listed on the NZX Alternative Market (NZAX: VML).

The Company has already achieved success in worldwide markets with strong partnerships and clients including McDonald’s Netherlands, Sweden and Japan, Exxon, DDB, Telkom Indonesia, Telecom New Zealand, Vodafone, Yellow Pages, Heart of the City and Loyalty New Zealand.

Visit www.vmob.co for further information

Kai Crow