21st Jan 2014 07:00
SECONDARY TRADING NOTICE
ANNOUNCEMENT 21 JANUARY 2014
Further to the Appendix 3B released today, 1,000,000 Shares were issued today for nil consideration to Mr Charles Chen, and a further 1,000,000 Shares were issued today for nil consideration to Mr Olly Cairns, following the conversion of the Class D Performance Rights into fully paid ordinary Shares in the Company.
Application has been made for admission of the 2,000,000 new ordinary shares to on the AIM Market of the London Stock Exchange and it is expected that admission and dealings on AIM will occur 24 January 2014. The 2,000,000 new ordinary shares will rank pari passu with the existing ordinary shares in Vmoto currently in issue.
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 21 January 2014, 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 21 January 2014 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.
AUTHORISED BY:
Shannon Coates
Company Secretary
Related Shares:
VMT.L