ESG Eservglobal Limited

TIDMESG

RNS Number : 9114W

eServGlobal Limited

20 November 2017

eServGlobal Limited (eServGlobal or the "Company")

Notice under Section 708A(5)(e) of the Corporations Act

Sydney: 20 November 2017

eServGlobal (LSE: ESG.L & ASX: ESV.AX), a pioneering digital transactions technology company, advises that it today completed the the Entitlement Offer announced on 24 October 2017 with the issue of a total of 37,687,946 fully paid ordinary shares (Retail Offer Shares). Due to the rounding applied at the individual holder level and the exclusion of certain foreign holders, the Retail Offer Shares exceeded the shares available under the Entitlement Offer by 217,024 fully paid ordinary shares (the Clawback Shares).

The Company advises that

(a) the Clawback Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

   (b)              this notice is being given under section 708A(5)(e) of the Corporations Act; 
   (c)              as at the date of this notice, the Company has complied with: 
   (i)       the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and 
   (ii)      section 674 of the Corporations Act; and, 

(d) as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act.

About eServGlobal

eServGlobal (AIM:ESG, ASX:ESV) is a pioneering digital financial transactions technology company, enabling financial and telecommunications service providers to create smoother transactions for their customers through deep technical expertise and rapid implementation.

Built on the latest technology platforms, eServGlobal offers a range of transaction services including digital wallets, commerce, remittance, recharge, rapid service connection and business analytics.

eServGlobal combines more than 30 years' experience, with an agile, future-focused mindset, to align with the requirements of customers and partners around the globe.

Together with MasterCard and BICS, eServGlobal is a joint venture partner of the HomeSend global payment hub, enabling cross-border transfer between bank accounts, cards, mobile wallets, or cash outlets from anywhere in the world.

For further information, please contact:

 
 eServGlobal                   www.eservglobal.com 
 Tom Rowe, Company Secretary   investors@eservglobal.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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