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VINYL GROUP LTD — Capital/Financing Update 2015
Aug 16, 2015
66014_rns_2015-08-16_e48fb320-ad00-4891-ba25-95c879a518fc.pdf
Capital/Financing Update
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ASX CODE: MBO
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ASX ANNOUNCEMENT AND MEDIA RELEASE
Date: 17 August 2015
**Mobilarm
withdraws
of
Entitlements
Issue,
to
Issue
Amended
Offer**
-
Mobilarm
will
change
the
offer
from
350M
shares
to
140M
shares,
raise
$1.0M
instead
of
$2.5M -
Offer
will
still
be
fully
underwritten
The
Board
of
Mobilarm
Limited
today
announced
the
withdrawal
of
its
current
Entitlements
Offer
and will
shortly
issue
a
new
prospectus
lowering
the
offer
to
approximately
$980,000.
The
pricing
of
the offer
and
use
of
funds
will
remain
the
same.
-‐Ends-‐
Further details
Ken Gaunt Email: [email protected] Chief Executive Officer Tel.: +61 417 961 770 Tel.: +44 782 731 4442 www.mobilarm.com
Mobilarm Limited (ASX: MBO) and its 100% owned subsidiary MRT (UK) is involved in the development, manufacturing and sale of a Man Overboard Safety Systems provided to the offshore oil & gas industries, commercial marine industries, defence, and government & regulatory agencies internationally. MBO currently operates in the UK, Australia, Nigeria and USA.
TEL. +61 8 9315 3511 MOBILARM LIMITED (ABN 15 106 513 580) FAX. +61 8 9315 3611 38 GUTHRIE STREET PO BOX 1837 OSBORNE PARK 6916 WESTERN AUSTRALIA WWW.MOBILARM.COM [email protected]