VML
11/12/2014 16:11
PLACE
NOT PRICE SENSITIVE
REL: 1611 HRS VMob Group Limited
PLACE: VML: VMob Group: Private Placement of Ordinary Shares
NZX release
11th December 2014
VMob Group Limited [NZAX: VML]
PRIVATE PLACEMENT OF ORDINARY SHARES
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
ENDS
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
End CA:00258789 For:VML Type:PLACE Time:2014-12-11 16:11:46
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