Oct 29 (Reuters) - Vmoto Ltd VMT.AX :
* Says trading encouraging and in line with management expectations
* Company on track to meet forecast earnings for 2015 of $4 million - $6 million underlying npat
* Taken the decision to reduce its equity interest in the three-wheel and four-wheel electric vehicle company from 20% to 15%
* Entered agreement with cong cen to sell 5% equity interest in the three-wheel and four-wheel electric vehicle company held by Vmoto
* Source text for Eikon ID:nASX2NSK7M