eServGlobal Limited Director Dealing (4691G)

TIDMESG

RNS Number : 4691G

eServGlobal Limited

08 August 2016

8 August 2016

eServGlobal Limited (AIM: ESG, ASX: ESV) ("eServGlobal" or the "Company")

Director/PDMR Shareholding

eServGlobal (LSE: ESG.L & ASX: ESV.AX), the provider of end-to-end mobile financial services to emerging markets, announces that it was notified on 5 August 2016 that on the same day, John Conoley, Executive Chairman of the Company, purchased a total of 529,674 Depository Interests in the Company in two separate tranches as detailed below, at an average price of 0.537 pence per Depository Interest. In addition, Mrs. F Conoley, spouse of Mr. Conoley, also purchased on the same day 224,404 Depository Interests at a price of 0.545 pence per Depositary Interest (together with Mr. Conoley's purchase, the "Purchases").

Following his purchase, and in addition to the 169,000 Depository Interests he subscribed for in the Open Offer, Mr. Conoley holds 1,374,676 Depository Interests directly in the Company, representing 0.23% of the issued share capital of the Company. Pursuant to her purchase and the 60,266 Depository Interests she subscribed for the Open Offer, Mrs. Conoley now holds 525,735 Depository Interests in the Company, representing 0.09% of the issued share capital of the Company. Therefore, following the Purchases, Mr. Conoley has a total direct and indirect interest over 1,900,411 Depository Interests, representing 0.32% of the Company's issued share capital.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                             John Conoley 
---  -------------------------------  ------------------------------- 
 2.   Reason for the Notification 
---  ---------------------------------------------------------------- 
 a)   Position/status                  Director 
---  -------------------------------  ------------------------------- 
 b)   Initial notification/Amendment   Initial notification 
---  -------------------------------  ------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                             eServGlobal Ltd 
---  -------------------------------  ------------------------------- 
 b)   LEI                              n/a 
---  -------------------------------  ------------------------------- 
 4.   Details of the transaction(s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  ---------------------------------------------------------------- 
 a)   Description of                   Depository interests 
       the Financial 
       instrument, type 
       of instrument 
--- 
      Identification                   AU000000ESV3 
       code 
---  -------------------------------  ------------------------------- 
 b)   Nature of the                    Purchase of shares 
       transaction 
---  -------------------------------  ------------------------------- 
 c)   Price(s) and                      Price(s)   Volume(s) 
       volume(s)                        ---------  ---------- 
                                         0.520p     162,885 
                                        ---------  ---------- 
                                         0.545p     366,789 
                                        ---------  ---------- 
                                         0.545p     224,404 
                                        ---------  ---------- 
---  -------------------------------  ------------------------------- 
 d)   Aggregated information:          In relation to Mr. Conoley, 
        *    Aggregated volume          529,674 depository interests 
                                        of no par value purchased 
                                        at 0.537 pence per depository 
        *    Price                      interest (weighted average). 
                                        In relation to Mrs. Conoley, 
                                        224,404 depository interests 
                                        of no par value purchased 
                                        at 0.545 pence per depository 
                                        interest. 
---  -------------------------------  ------------------------------- 
 e)   Date of the transaction          5 August 2016 
---  -------------------------------  ------------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  ------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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August 08, 2016 03:00 ET (07:00 GMT)