Vmoto Limited Notice of General Meeting (8170X)

TIDMVMT

RNS Number : 8170X

Vmoto Limited

02 September 2015

NOTICE OF general meeting

announcement 2 SEPTEMBER 2015

Vmoto Limited ("Vmoto" or "the Company") (AIM/ASX:VMT) today announces that the notice of general meeting ("GM") has been despatched to shareholders and will shortly be available to view on the Company's website, www.vmoto.com. The GM will be held at 10.00a.m. (WST) on 1 October 2015 at The Park Business Centre, 45 Ventnor Avenue, West Perth, WA 6005.

Issue of Shares to a Director

A resolution will be proposed at the GM to approve the issue of up to 42,194 Shares at a deemed issued price of $0.395 per Share to Mr. Kaijian Chen (the "Relevant Director") in lieu of unpaid directors fees to the amount of A$16,666.65 from 1 May 2015 to 30 September 2015. If the Shares are issued to the Relevant Director, Mr. Kaijian Chen will be interested in 730,794 Shares or 0.47 per cent of the Company's current issued share capital, and 500,000 performance rights.

For further enquiries, please contact:

Vmoto

 
 Charles Chen, Managing Director 
  Olly Cairns, Non-Executive        [phone] 
  Director                           [phone] 
 
 
 finnCap Ltd                            [phone] 
 Christopher Raggett/Simon 
  Hicks (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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September 02, 2015 03:44 ET (07:44 GMT)