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VINYL GROUP LTD Capital/Financing Update 2012

Mar 1, 2012

66014_rns_2012-03-01_fe93942b-44b8-4500-a76b-6388cb84f124.pdf

Capital/Financing Update

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For immediate release

ASX CODE: MBO

Date: 1 March 2012

SECTION 708A NOTICE

With respect to the issue of 3,000,000 share and 1,500,000 free attaching options announced to the market on 1 March 2012 (securities), Mobilarm Limited hereby notifies ASX under paragraph 708A(5)(e) of the Corporations Act that:

  • a) the Company issued the Securities without disclosure to investors under Part 6D.2 of the Act;

  • b) as at 1 March 2012 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 1 March 2012 there is no information:

  • 1) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

  • 2) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

    • (i) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

    • (ii) the rights and liabilities attaching to the Securities.

-End

Further details:

Ken Gaunt Chief Executive Officer

Email [email protected] Tel. +61 (0) 409 531 738 www.mobilarm.com

About Mobilarm Ltd:

Headquartered in Perth, Western Australia, Mobilarm (ASX: MBO) is the world’s largest company in the rapidly growing man overboard safety category with worldwide distribution of Crewsafe and Sea Marshall Maritime Survivor Locating Devices and associated marine safety equipment. The Company’s solutions enable operators in the offshore oil and gas, defence and commercial marine industries to remove risk from the workplace, where Occupational Health & Safety, regulatory compliance and Director’s Liability are the major drivers for improved employee safety and Duty of Care.

Mobilarm owns patent pending technology that protects and saves lives in the marine workplace and enables every maritime vessel to become a marine Search and Rescue asset.

The Company’s Australian and UK designed emergency locator beacons and crew monitoring alarm systems for use aboard vessels and other marine facilities generate automatic and immediate alerts in man overboard events, integrate with GPS and onboard navigation systems and provide in-water tracking of man overboard casualties in the water.

Mobilarm has received enviable recognition for its products and design, winning two Seatrade awards for Safety, two Australian Design Awards and the Western Australia Worksafe Award.

Interviews with the CEO and further company information are available from the Mobilarm website: www.mobilarm.com/page/media_centre.html.