REG - Vmoto Limited - Lapse of unlisted options <Origin Href="QuoteRef">VMT.AX</Origin>

VmotoAnnouncement

29/10/2014 07:21

RNS Number : 5474Q
Vmoto Limited
02 September 2014
LAPSE OF UNLISTED OPTIONS
announcement 2 SEPTEMBER 2014
Vmoto Limited (ASX: VMT) advises that the following options lapsed unexercised:
Number  Class
2,700,000  Unlisted Options exercisable at $0.025 each on or before 1 September 2014
The remaining capital structure of the Company is as follows:
Number  Class
1,235,426,675  Fully Paid Ordinary Shares
147,050,163 Listed Options exercisable at $0.04 each on or before 31 December 2014
8,400,000 Unlisted Options exercisable at $0.03 each on or before 23 November 2015
5,000,000 Unlisted Options exercisable at $0.04 each on or before 23 May 2018
5,000,000 Unlisted Options exercisable at $0.08 each on or before 23 May 2018
1,000,000 Unlisted Options exercisable at $0.05 each on or before 21 May 2019
1,000,000 Unlisted Options exercisable at $0.075 each on or before 21 May 2019
2,000,000 Unlisted Options exercisable at $0.10 each on or before 21 May 2019
33,333,334 Incentive Performance Rights convertible to shares (subject to various performance and time based vesting conditions) as approved by shareholders on 31 July 2012 and 20 May 2014.
For further enquiries, please contact:
Vmoto Limited
Charles Chen, Managing Director
Olly Cairns, Non-Executive Director
+61 (8) 9226 3865
+61 (8) 9226 3865
Investors and Media
Market Eye Pty Ltd
+61 400 009 774
Ronn Bechler
ronn.bechler@marketeye.com.au
Nominated Advisor and Broker
finnCap Ltd
+44 20 7220 0500
Ed Frisby/Christopher Raggett (corporate finance)
Tony Quirke/Mia Gardner (corporate broking)

About Vmoto
Vmoto Limited (ASX: VMT) is a global scooter manufacturing and distribution group. The Company specialises in high quality "green" electric powered scooters and manufactures a range of electric scooters, based on western technology and design, from its low cost manufacturing facilities in Nanjing, China. Vmoto combines low cost Chinese manufacturing capabilities with European design. The group operates through two primary brands: Vmoto (aimed at the value market in Asia) and E-Max (targeting Western markets with a premium end product). As well as operating under its own brands, the Company also sells to a number of customers on an original equipment manufacturer ("OEM") basis.

This information is provided by RNS
The company news service from the London Stock Exchange
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