2nd Sep 2015 08:44
NOTICE OF general meeting
announcement 2 SEPTEMBER 2015
Vmoto Limited ("Vmoto" or "the Company") (AIM/ASX:VMT) today announces that the notice of general meeting ("GM") has been despatched to shareholders and will shortly be available to view on the Company's website, www.vmoto.com. The GM will be held at 10.00a.m. (WST) on 1 October 2015 at The Park Business Centre, 45 Ventnor Avenue, West Perth, WA 6005.
Issue of Shares to a Director
A resolution will be proposed at the GM to approve the issue of up to 42,194 Shares at a deemed issued price of $0.395 per Share to Mr. Kaijian Chen (the "Relevant Director") in lieu of unpaid directors fees to the amount of A$16,666.65 from 1 May 2015 to 30 September 2015. If the Shares are issued to the Relevant Director, Mr. Kaijian Chen will be interested in 730,794 Shares or 0.47 per cent of the Company's current issued share capital, and 500,000 performance rights.
For further enquiries, please contact:
Vmoto
Charles Chen, Managing Director Olly Cairns, Non-Executive Director | +61 (8) 9226 3865 +61 (8) 9226 3865 |
finnCap Ltd | +44 20 7220 0500 |
Christopher Raggett/Simon Hicks (corporate finance) Tony Quirke/Mia Gardner (corporate broking) |
About Vmoto
Vmoto Limited (ASX: VMT) is a global scooter manufacturing and distribution group. The Company specialises in high quality "green" electric powered scooters and manufactures a range of electric scooters, based on western technology and design, 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 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.
Related Shares:
VMT.L