Ann: GENERAL: VML: Migration to the NZX Main Board

• Release Date: 08/01/16 10:19
• Summary: GENERAL: VML: Migration to the NZX Main Board
• Price Sensitive: No
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					VML
08/01/2016 10:19
GENERAL
PRICE SENSITIVE
REL: 1019 HRS VMob Group Limited

GENERAL: VML: Migration to the NZX Main Board

VMob Group Limited [NZAX: VML]
Migration to the NZX Main Board
Auckland, New Zealand | San Francisco, California, USA - 8 January 2016

On 1 September 2015, VMob Group Limited [NZAX:VML] (VMob) issued a Pre-Break
Announcement relating to its application to NZX for:
o Cessation of Quotation of its shares on the NZX Alternative Market (NZAX)
in accordance with Rule 5.4.1(b) of the NZAX Listing Rules; and
o Commencement of Quotation of its shares on the NZX Main Board in accordance
with Rule 5.2 of the NZX Main Board Listing Rules, (the 'Migration').

In the 10 trading days following 1 September 2015, no special meeting of
shareholders was called pursuant to section 121 of the Companies Act 1993.

On the 17 September 2015 VMob announced to the market that the proposed move
to the Main Board was delayed subject to the Company satisfying two
conditions precedent, namely:

(a) The successful completion of the $5.0 million private placement announced
at the Company's Annual Meeting on 11 August 2015, and;

(b) The Company attaining a market capitalisation of $40 million by no later
than 31 March 2016.

VMob has now successfully met both conditions and therefore is pleased to
announce its intention to migrate to the Main Board.

The expected timetable for the Migration is as follows:
o Notice period for the Migration: 8 January 2016 to 22 January 2016
o Cessation of Quotation of VMob shares on NZAX: Close of trading, 22 January
2016
o Issue of a profile document including a cleansing notice confirming VMob is
in compliance with continuous disclosure obligations: Before market open, 25
January 2016
o Commencement of Quotation of VMob shares to the NZX Main Board: 25 January
2016

For further information, please contact: Andrew Dalziel, Acting Chief
Financial Officer on +64 27 6777 575 or [email protected]

ENDS

About VMob
VMob has quickly established itself as the global leader in the provision of
end-to-end mobile personalisation and real-time, contextual analytics
services that enable major retail brands to create highly personalised
marketing campaigns to reach customers at exactly the right time and place.

The Company's sophisticated technology platform integrates with retailers'
own smartphone apps to continuously collect and store real-time data
(including movement speed, local weather and nearby events) with users'
lifestyle preferences, buying behaviour and location information to deliver
personalised offers not possible with other media, resulting in significantly
higher sales conversion rates.

The platform comprises a number of modules designed to acquire and serve
customers, nurture them through the sales cycle and then reward them with
loyalty inducements to encourage them back into store. These services are
delivered using Microsoft's cloud platform, Azure, through a global network
of Microsoft data centres.

VMob has offices in Auckland, San Francisco, Chicago, New York, London, Tokyo
and Sydney. Clients include McDonald's, 7-Eleven, Ikea, Exxon, Anheuser
Busch, Mars Drinks, Heart of the City and Loyalty New Zealand

Visit www.vmob.com to learn more.
End CA:00276156 For:VML    Type:GENERAL    Time:2016-01-08 10:19:19