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VINYL GROUP LTD — Capital/Financing Update 2015
Aug 31, 2015
66014_rns_2015-08-31_d1f36942-ab7e-4719-82fe-40335deaaa9d.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT ASX CODE: MBO AND MEDIA RELEASE
Date: 1 September 2015
UNDERWRITTEN RIGHTS ISSUE
Mobilarm Limited wishes to announce a pro rata non renounceable Rights Issue for eligible shareholders to subscribe for two (2) new fully paid ordinary shares for every five (5) fully paid ordinary shares held on 8 September 2015, at a price of $0.007 per share. The Rights Issue will result in the issue of 140,034,167 new ordinary shares in the Company, raising $980,239 before costs.
The Rights Issue is fully underwritten by Gleneagle Securities (Aust) Pty Limited.
The timetable and offer document setting out further details of the Rights Issue will be sent to eligible shareholders shortly, accompanied by a personalized entitlement and acceptance form and instructions on how eligible shareholders may accept their entitlement.
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Further details
Ken Gaunt Chief Executive Officer
Email: [email protected] Tel.: +61 (0)417 961 770 Tel.: +44 (0) 7827 314 442 www.mobilarm.com
TEL. +61 8 9315 3511 MOBILARM LIMITED (ABN 15 106 513 580) FAX. +61 8 9315 3611 2/33 ROBERTS STREET PO BOX 1837 OSBORNE PARK 6916 WESTERN AUSTRALIA WWW.MOBILARM.COM [email protected]