eServGlobal Limited Trading Update and Notice of Results (5596I)
June 02 2014 - 1:02AM
UK Regulatory
TIDMESG
RNS Number : 5596I
eServGlobal Limited
02 June 2014
eServGlobal Limited (eServGlobal or the "Company")
Trading update and Notice of Results
Paris: 2 June 2014
eServGlobal (AIM:ESG & ASX:ESV), the provider of end-to-end
mobile financial services to emerging markets, is pleased to
provide the following trading update ahead of the release of its
half-year results for the six month period ended 30 April 2014 ("H1
FY2014").
Following the return to full year profitability in FY2013, the
Company is pleased to announce that, as stated at the AGM in March
2014, the Company anticipates announcing a positive EBTIDA within
its core business for H1 FY2014. These unaudited results follow
continued momentum for its domestic mobile money services,
including several new customer wins and expansion within the
existing customer base.
As previously communicated, the HomeSend joint venture with
MasterCard and BICS closed on 3 April 2014, and will result in a
"one-off" gain on sale before tax of between AUD$33.0-34.0
million.
The audited results for H1 FY2014 will be published on 30 June
2014.
The management will be hosting a presentation for analysts on
the day of results at 11am, at the offices of Newgate Threadneedle:
Sky Light City Tower, 50 Basinghall Street, London, EC2V 5DE.
Analysts who wish to attend the presentation should register
their interest with Jasper Randall, contactable at
j.randall@newgatethreadneedle.com or 020 7653 9845.
A copy of the presentation will be made available on the
Company's website on the same day.
For further information, please contact:
eServGlobal www.eservglobal.com
Tom Rowe, Company Secretary T: +61 2 8014 5050
investors@eservglobal.com
Canaccord Genuity Limited (Nomad and Broker) www.canaccordgenuity.com
Simon Bridges / Cameron Duncan / Brendan T: +44 (0) 20 7523 8000
Gulston
Charles Stanley Securities www.csysecurities.com
Dugald Carlean / Paul Brotherhood T: +44 (0) 20 7149 6000
Newgate Threadneedle www.newgatethreadneedle.com
Hilary Millar / Caroline Forde / Josh Royston T: +44 (0) 20 7653 9850
/ Jasper Randall
About eServGlobal
eServGlobal (AIM:ESG, ASX:ESV) offers mobile money solutions
which put feature-rich services at the fingertips of users
worldwide, covering the full spectrum of mobile financial services,
mobile wallet, mobile commerce, recharge, promotions and agent
management features. eServGlobal invests heavily in product
development, using carrier-grade, next-generation technology and
aligning with the requirements of more than 65 customers in over 50
countries.
Together with MasterCard and BICS, eServGlobal is a joint
venture partner of the HomeSend global payment hub, a market
leading solution based on eServGlobal technology and enabling
cross-border money transfer between mobile money accounts, payment
cards, bank accounts or cash outlets from anywhere in the world
regardless of the users location.
eServGlobal also builds on its extensive experience in the telco
domain to offer a comprehensive suite of sophisticated, revenue
generating Value-Added Services to engage subscribers in a dynamic
manner.
eServGlobal has been a source of innovative solutions for mobile
and financial service providers for 30 years.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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