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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Eservglobal Limited | LSE:ESG | London | Ordinary Share | AU000000ESV3 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.45 | 5.40 | 5.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMESG
RNS Number : 6865O
eServGlobal Limited
10 February 2016
eServGlobal Limited ("eServGlobal" or the "Company")
Change to terms of engagement of Executive Chairman
Paris: 10 February 2016
eServGlobal (AIM:ESG & ASX:ESV), the provider of end-to-end mobile financial services to emerging markets, refers to the announcement of 24 April 2015 and advises that, effective retrospectively from 1 February 2016, the terms of engagement of the Executive Chairman, John Conoley, have changed such that Mr Conoley is now employed by the Company on an open ended contract, terminable by either party on 6 months notice, or immediately by the Company in the event of serious misconduct by the employee.
John Conoley, Executive Chairman, eServGlobal, said, "The Board and team of eServGlobal have worked hard throughout a challenging 2015 and they, and our shareholders, deserve a full-time leader. There is still a lot of work to be done to achieve the results this company is capable of, but our refreshed team is committed to the task ahead."
There is no change to Mr Conoley's fixed remuneration. The details of his complete remuneration package are below:
Total Remuneration Fixed: GBP260,000 per annum Package STI Bonus: Mr Conoley will participate in the Company's corporate bonus plan. Pensions and Allowances: GBP16,000 ------------------- ----------------------------------------
This disclosure is made pursuant to ASX Listing Rule 3.16.4.
For further information, please contact:
eServGlobal www.eservglobal.com Tom Rowe, Company Secretary T: +61 (0)2 8014 5050 investors@eservglobal.com Canaccord Genuity Limited (Nomad www.canaccordgenuity.com and Broker) T: +44 (0) 20 7523 Simon Bridges / Cameron Duncan 8000 / Emma Gabriel Alma PR (Financial Public Relations) www.almapr.co.uk Josh Royston / Hilary Buchanan T: +44 (0) 208 004 / John Coles 4218
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.
For more than 30 years, eServGlobal has been a source of innovation for telcos and financial institutions. Using carrier-grade, next-generation technology, eServGlobal aligns with the requirements of customers around the globe.
Together with MasterCard and BICS, eServGlobal is a joint venture partner of the HomeSend global payment hub, enabling cross-border money transfer between mobile wallets, cards, bank accounts or cash outlets from anywhere in the world.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCZBLFFQLFXBBD
(END) Dow Jones Newswires
February 10, 2016 09:39 ET (14:39 GMT)
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