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BRIEF-Mobilarm withdraws of entitlements issue to issue new offer

Published 17/08/2015, 06:10 pm
© Reuters.  BRIEF-Mobilarm withdraws of entitlements issue to issue new offer

Aug 17 (Reuters) - Mobilarm Ltd MBO.AX :

* Mobilarm withdraws of entitlements issue to issue new offer MBO.AX

* Says will shortly issue a new prospectus lowering the offer to approximately $980,000

* Says Mobilarm will change the offer from 350m shares to 140m shares, raise $1.0M instead of $2.5M

* Says pricing of the offer and use of funds will remain the same

* Source text for Eikon ID:nASX6D3r7Q

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