Vmoto Limited Secondary Trading Notice (7260S)
July 10 2015 - 3:03AM
UK Regulatory
TIDMVMT
RNS Number : 7260S
Vmoto Limited
10 July 2015
SECONDARY TRADING NOTICE
ANNOUNCEMENT 10 July 2015
Vmoto Limited ("Vmoto" or the "Company") announces that 42,633
ordinary shares of no par value ("Ordinary Shares") at a deemed
issue price of 17.59 pence per Ordinary Share have been issued as
part consideration for broker services provided to the Company.
Further to the Appendix 3B lodged with ASX, application has been
made for admission of 42,633 Ordinary Shares to trading on the AIM
Market of the London Stock Exchange. The 42,633 new Ordinary Shares
will rank pari passu with the existing ordinary shares in Vmoto
currently on issue and are expected to be admitted to trading on
AIM on or around 13 July 2015.
Following admission there will be 152,988,066 Ordinary Shares in
the capital of Vmoto on issue. This figure may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in Vmoto.
Secondary Trading Notice Pursuant to Paragraph 708A(5)(e) of the
Corporations Act 2001 ("Act")
The Act restricts the on-sale of securities issued without
disclosure, unless the sale is exempt under section 708 or 708A of
the Act. By giving this notice, a sale of the Shares noted above
will fall within the exemption in section 708A(5) of the Act.
The Company hereby notifies ASX under paragraph 708A(5)(e) of
the Act that:
(a) the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act;
(b) as at 10 July 2015, the Company has complied with the
provisions of Chapter 2M of the Act as they apply to the Company,
and section 674 of the Act; and
(c) as at 10 July 2015 there is no information:
(i) that has been excluded from a continuous disclosure notice
in accordance with the ASX Listing Rules; and
(ii) that investors and their professional advisers would
reasonably require for the purpose of making an informed assessment
of:
(A) the assets and liabilities, financial position and
performance, profits and losses and prospects of the Company;
or
(B) the rights and liabilities attaching to the relevant Shares.
For further information, please contact:
Vmoto +61 8 9226 3865
Charles Chen, Managing Director
Olly Cairns, Non-Executive Director
Investors and media +61 400 009 774
Market Eye Pty Ltd
Ronn Bechler
finnCap Ltd +44 20 7220 0500
Christopher Raggett (corporate finance)
Simon Hicks (corporate finance)
Tony Quirke (corporate broking)
Mirabaud
Peter Krens (equity capital markets) +44 20 7878 3362
Ed Haig-Thomas (equity capital markets) +44 20 7878 3447
About Vmoto
Vmoto Limited (ASX/AIM: VMT) is a global scooter manufacturing
and distribution group. The Company specialises in high quality
"green" electric powered two wheel vehicles and manufactures a
range of western designed electric scooters from its low cost
manufacturing facilities in Nanjing, China. Vmoto combines low cost
Chinese manufacturing capabilities with European design. The group
operates through two primary brands: Vmoto (aimed at the value
market in Asia) and E-Max (targeting the Western markets, with a
premium end product). As well as operating under its own brands,
the Company also sells to a number of customers on an original
equipment manufacturer ("OEM") basis.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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