eServGlobal Limited Section 708A(5)(e) Corporations Act Notice (2596F)
October 26 2018 - 1:00AM
UK Regulatory
TIDMESG
RNS Number : 2596F
eServGlobal Limited
26 October 2018
eServGlobal Limited (eServGlobal or the "Company")
Notice under Section 708A(5)(e) of the Corporations Act
Sydney: 26 October 2018
eServGlobal (LSE: ESG.L & ASX: ESV.AX), a pioneering digital
transactions technology company, advises that on 24 October 2018 it
completed the retail component of the recent Entitlement Offer
conducted by the Company with the issue of 19,724,520 shares
(Retail Offer Shares). Due to rounding applied at the individual
holder level and the exclusion of certain foreign holders, the
aggregate of the Retail Offer Shares and institutional component of
the Entitlement Offer exceeded the shares available under the
Entitlement Offer by 78,158 fully paid ordinary shares (the
Clawback Shares). The Clawback Shares were issued on 24 October
2018.
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 mind-set, to
align with the requirements of customers and partners around the
globe.
Together with Mastercard, 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. Mastercard holds 64.31% of the HomeSend JV,
and eServGlobal holds 35.69%.
For further information, please contact:
eServGlobal www.eservglobal.com
Tom Rowe, Company Secretary investors@eservglobal.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCUVSORWUARUUA
(END) Dow Jones Newswires
October 26, 2018 02:00 ET (06:00 GMT)
Eservglobal (LSE:ESG)
Historical Stock Chart
From Apr 2024 to May 2024
Eservglobal (LSE:ESG)
Historical Stock Chart
From May 2023 to May 2024