Vmoto Limited (AU:VMT) has released an update.
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Vmoto Limited has issued 1,879,309 new shares to its directors as a non-cash payment for outstanding fees, following shareholder approval at the recent AGM. These shares can be traded immediately due to a compliance notice under section 708A(5)(e) of the Corporations Act, and the company confirms adherence to the necessary legal and reporting requirements for such issuance.
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