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- Release Date: 12/11/13 17:03
- Summary: S/HOLDER: VML: VML Share Purchase Plan
- Price Sensitive: No
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VML
12/11/2013 15:03
S/HOLDER
REL: 1503 HRS VMob Group Limited
S/HOLDER: VML: VML Share Purchase Plan
12 November 2013
NZX Limited
Wellington
E-mail: [email protected]
SHARE PURCHASE PLAN BY VMOB GROUP LIMITED (VML)
As previously announced, VMob recently completed a successful private
placement to investors in New Zealand and Australia and indicated its
intention to undertake a share purchase plan to all shareholders.
VMob has, today, lodged a notice with NZX for the Share Purchase Plan to have
a record date of 27 November 2013.
The Share Purchase Plan details include as follows:
o Offer to eligible New Zealand resident and Australian resident (subject to
compliance with Australian securities laws) VMob shareholders.
o Applications will be scaled if aggregated value received is greater than $4
million (or, in the discretion of VMob's Board, up to a further $1m, with a
maximum of $5m).
o Maximum application of $15,000 per shareholder.
o Will be priced at the lower of the private placement price, being NZ$0.027,
and the volume weighted average end of day market price of the shares during
a seven working day period specified within the period of 30 days immediately
before the date of the offer
VMOB GROUP LIMITED
Mark Talbot
Chief Financial Officer
M: 021 375 830
End CA:00243687 For:VML Type:S/HOLDER Time:2013-11-12 15:03:40
