Significant change in shareholding (1090Y)
February 24 2012 - 9:26AM
UK Regulatory
TIDMESG TIDMGPG
RNS Number : 1090Y
eServGlobal Limited
24 February 2012
eServGlobal Limited (eServGlobal or the "Company")
Significant change in shareholding
Paris: 24 February 2012
eServGlobal (LSE: ESG & ASX: ESV), a global telecoms
software vendor specialising in Mobile Money and Value-Added
Services has been notified today that due to strong demand from
institutional investors the 38.3M ordinary shares that Guinness
Peat Group plc ("GPG") held in the Company, representing 19.46% of
eServGlobal's issued ordinary shares, were placed on 23 February
(GMT) at a price of 20p per share. Following the sale of shares
Guinness Peat Group plc does not hold any shares in the
Company.
GPG has been a strong Board Member, supporter, and shareholder
of eServGlobal for many years. The Company would like to take this
opportunity to thank GPG for their significant and valuable
contributions over the years and to wish them well as they pursue
their strategic objectives.
About eServGlobal
eServGlobal specializes in Mobile Money solutions and
Value-Added Services (VAS), to help Mobile Service Providers
increase their revenue and gain and maintain customer ownership.
eServGlobal invests heavily in product development, using
carrier-grade, next-generation technology and aligning with the
requirements of more than 75 customers in over 55 countries.
For more than 25 years mobile and financial service providers
have used eServGlobal solutions to lead and innovate in their local
markets, leveraging their core assets and their trusted agent and
subscriber relationships.
With 13 offices globally, eServGlobal provides full "end-to-end"
and "any account to any account" Mobile Money Services and
International Remittance Services. The HomeSend solution is the
only mobile-centric international remittance hub to gain
endorsement from the GSM Association. The HomeSend Certification
Program ensures security and interoperability by certifying
domestic mobile wallet providers, money transfer organizations, and
financial service providers to connect to the hub.
eServGlobal's Value-Added Services in promotions, loyalty and
messaging enable service providers to engage with their subscribers
in a personalized and dynamic manner.
To reduce time-to market and to meet the needs of operators and
banks, eServGlobal provides multiple licensing alternatives as well
as SaaS-based products and services.
eServGlobal is listed on the Australian Securities Exchange
(ESV) and the London Stock Exchange AIM (ESG). More information at:
www.eservglobal.com
For further information, please contact:
eServGlobal www.eservglobal.com
Tom Rowe, Company Secretary T: +61 (0)7 3302 0194
investor@eservglobal.com
Cenkos Securities plc www.cenkos.com
Ivonne Cantu/Stephen Keys (Nomad) T: +44 (0) 20 7397 8980
Newgate Threadneedle Communications www.newgatethreadneedle.com
Caroline Evans--Jones/Josh Royston/Hilary T: +44 (0) 20 7653 9850
Millar
This information is provided by RNS
The company news service from the London Stock Exchange
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