AI assistant
VINYL GROUP LTD — Capital/Financing Update 2012
Jan 2, 2012
66014_rns_2012-01-02_1b20c9f0-d7ba-43bf-9fcc-27e8957a818f.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
For immediate release
ASX CODE: MBO
Date: 3 January 2012
ASX Limited
Electronic lodgement
NOTICE PURSUANT TO SECTION 708A(5)(e) OF THE CORPORATIONS ACT 2001
In respect to the issue of the 800,000 fully paid ordinary Shares ( New Shares ) and 400,000 options (New Options) and pursuant to Section 708A(5)(e) of the Corporations Act 2001 (Cth) (the Act) Mobilarm Limited (Company) advises that the Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under the section 708 or 708A. By the Company giving this notice, a sale of the Securities noted above will fall within the exemption in section 708A(5) of the Act.
NOTICE UNDER s708A OF THE ACT
The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:
-
The Company issued the New Shares and New Options without disclosure to a sophisticated investor under Part 6D.2 of the Act on 28 December 2011;
-
The Company is providing this notice under paragraph 5(e) of section 708A of the Act, as modified by Australian Securities and Investments Commission Class Order [CO 08/35];
-
As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company;
-
As at the date of this notice, the Company has complied with section 674 of the Act;
-
As at the date of this notice, there is no information:
-
a. That has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and
-
b. 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 New Shares and New Options.
-
On behalf of the Board of Directors
-Ends-
Further details:
Lindsay Lyon Lorraine Coghill Chief Executive Officer Communications Manager
Email [email protected] Email [email protected] Tel. +61 (0)409 531 738 Tel. +61 (0)8 9315 3511
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.
Mobilarm Ltd ASX and Media Announcement
2