VML
25/06/2014 14:57
GENERAL
REL: 1457 HRS VMob Group Limited
GENERAL: VML: Issue of Securities by VMob Group Limited (VML)
VMOB GROUP LIMITED
25 June 2014
NZX Limited
Wellington
ISSUE OF SECURITIES BY VMOB GROUP LIMITED
VMob Group Limited ("VML") advises that it has issued 6,836,000 new options
to acquire ordinary shares as follows:
Class of Security: Options to acquire Ordinary Shares in the Company
("Options")
ISIN: Not applicable - securities are not listed
Number issued: 6,836,000
Payment: 2.0 cents payable upon the exercise of each Option
Percentage of total Class of Securities issued: Not applicable.
Reason for the issue: The Options are being issued to senior executives,
staff and other associated persons of the Company to assist with (i) securing
the provision of the on-going services of the recipients, (ii) retaining the
on-going services of the recipients, and (iii) aligning the interests of that
recipients with the shareholders of the Company.
The exercise price of 2.0 cents per share is equal to the trading VWAP
(Volume Weighted Average Price) over the preceding 30 days.
Authority of issue: Director's Resolution and NZAX Listing Rule 7.3.6.
Terms of issue: The new shares issued upon the exercise of the Options will
be credited as fully paid, and rank in all respects equally with the shares
already on issue.
Total number of securities of the Class in existence after the issue:
Not applicable
Date of issue: 24 June 2014
VMOB GROUP LIMITED
End CA:00252029 For:VML Type:GENERAL Time:2014-06-25 14:57:12
