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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 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMESG
RNS Number : 3499B
eServGlobal Limited
06 June 2019
eServGlobal Limited (eServGlobal or the "Company")
HomeSend Facility Drawdown and Update
London: 6 June 2019
eServGlobal (LSE: ESG.L & ASX: ESV.AX), a pioneering digital transactions technology company, advises that the Company has received the first drawdown request from HomeSend SCRL under the loan facility announced on 19 May 2019. The total drawdown is EUR2,000,000 between eServGlobal and Mastercard, with eServGlobal providing its proportionate share in the amount of EUR713,681.25.
As a further update on the performance of HomeSend to 31 March 2019, eServGlobal is pleased to advise that the percentage of payments terminating to a bank account destination on the HomeSend network in March 2019 grew to approximately 48 per cent. of gross transaction value flows across the platform. This represents a marked increase from the 32 per cent. recorded in December 2018. The network coverage as a percentage of global trade flows and the global remittance market remained stable across Q4 2018 and Q1 2019.
The Board of eServGlobal expects to provide further commentary on HomeSend's performance for Q2 in August 2019
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 mindset, 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.
For further information, please contact:
eServGlobal www.eservglobal.com Tom Rowe, Company Secretary investors@eservglobal.com finnCap Limited (Nomad and Broker) www.finncap.com Corporate Finance: Jonny Franklin-Adams / T: +44 (0) 20 7220 Anthony Adams / Hannah Boros 0500 ECM: Tim Redfern / Richard Chambers Tulchan Communications LLP www.tulchangroup.com Jonathan Sibun / Matt Low T: +44 (0)207 353 4200
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.
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June 06, 2019 02:01 ET (06:01 GMT)
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