Vmoto Limited ('Vmoto' or the 'Company') advises that the following options lapsed unexercised:
350,000 Unlisted Options exercisable at $0.30 on or before 23 November 2015 The remaining capital structure of the Company is as follows:
Number Class154,362,518 Fully Paid Ordinary Shares
500,000 Unlisted Options exercisable at $0.40 each on or before 23 May 2018 500,000 Unlisted Options exercisable at $0.80 each on or before 23 May 2015 100,000 Unlisted Options exercisable at $0.50 each on or before 21 May 2019 100,000 Unlisted Options exercisable at $0.75 each on or before 21 May 2019 200,000 Unlisted Options exercisable at $1.00 each on or before 21 May 2019 719,981 Unlisted Options exercisable at $0.75 each on or before 31 December 20171 2,666,668 Incentive Performance Rights convertible to Shares (subject to various
performance and time based vesting conditions).
1. Previously overstated as 791,200 in Appendix 3B released 2 October 2015.
For further information, please contact:
Vmoto | |
Charles Chen, Managing Director Olly Cairns, Non-Executive Director | +86 1391 3388 886 charles@vmoto.com.cn +61 8 9226 3865 |
Vmoto Limited (ASX: VMT) is a global scooter manufacturing and distribution group. The Company specialises in high quality 'green' electric powered two wheel vehicles and manufactures a range of western designed electric scooters 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 the 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.
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