VML
11/02/2015 16:54
DIRECTOR
NOT PRICE SENSITIVE
REL: 1654 HRS VMob Group Limited
DIRECTOR: VML: Appointment of Tim Cook to the VMob Board
Market Announcement
11th February 2015
APPOINTMENT OF TIM COOK TO THE VMOB BOARD
VMob Group Limited (VMob) is pleased to announce that, at VMob's Board
meeting earlier today, Tim Cook was appointed by the Board as a director of
VMob. Tim is personally a shareholder in VMob and he also represents the
interests of Collins Asset Management with respect to its shareholding in
VMob. Both Tim and Collins Asset Management increased their respective
shareholdings in VMob under the recently completed private placement (as
previously announced), with Tim and Collins Asset Management now being
substantial security holders of VMob.
A brief biography of Tim is set out below. The current directors welcome him
to the Board and the significant expertise and experience he brings.
TIM COOK MInstD
Tim Cook is Managing Director of Collins Asset Management Limited; an
Auckland based private equity and investment company. Collins Asset
Management Limited has a number of investments in medical, technology,
property, executive recruitment and the motor industry.
Tim has been with Collins Asset Management Limited since 2003, when he was
initially a business advisor to the Chairman, and subsequently became a
Director and CEO of Primecare Retirement Villages. He then oversaw the sale
of that business in 2005, following which the Collins Group became a private
equity organisation.
Tim is a Director of a number of companies within and outside of Collins. He
is Chairman of Team McMillan BMW Limited, Team MINI Limited and Rolls Royce
Motor Cars Auckland. He is also Chairman of SaferSleep NZ Limited and
SaferSleep USA and The Auckland Heart Group, NZ's, largest private cardiology
practice. He is a Director of MyWave Limited and MyWave Holdings Limited and
a Director of NZX listed Vertias Investments Limited and its subsidiaries Mad
Butcher Limited, Nosh Group Limited and The Better Bar Company Limited. He
chairs the Remuneration Committee for Veritas and is a member of the Finance
and Audit Committee.
His earlier management career includes senior retail and operational
management roles in the supermarket, retail, franchising, food and fashion
industry sectors.
From 2006 to 2011 he was a Director of NZX listed Charlie's Group Limited,
representing Collins Asset Management who was the cornerstone shareholder at
19.69%. He was a member of the Finance and Audit Committee and Chairman of
the Remuneration Committee. He was heavily involved in its sale to Asahi
Group for $129 million in 2011.
ENDS
For more information please contact:
Steve Allan
Chief Financial Officer
Mobile: +64 27 480 9991
Email: [email protected]
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 USA, 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:00260538 For:VML Type:DIRECTOR Time:2015-02-11 16:54:19
