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ESG Eservglobal Limited

5.45
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
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

eServGlobal Limited eServGlobal wins new contract in West Africa

04/05/2016 2:21pm

RNS Non-Regulatory


TIDMESG

eServGlobal Limited

04 May 2016

eServGlobal Limited (eServGlobal or the "Company")

eServGlobal announces new contract win in West Africa

Paris: 4 May 2016

eServGlobal (LSE: ESG.L & ASX: ESV.AX), the provider of end-to-end mobile financial services to emerging markets, announces it has won a contract to supply its PayMobile software to a service provider in West Africa. The total contract is valued at EUR1.6m over 2 years, with approximately EUR1.1m to be recognised within the current financial year. The Company maintains its guidance for FY16 which is to achieve a small EBITDA surplus for the core business with some revenue growth and a substantially lower cost base.

John Conoley, Executive Chairman, eServGlobal, said, "This is further confirmation that a recovery in the sales engine of our Company is now underway. The efforts undertaken across our business throughout the last 6 to 12 months are now coming to fruition."

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.

For further information, please contact:

 
 eServGlobal                                 www.eservglobal.com 
 Alison Cheek, VP Corporate Communications   T: +33 (0)1 4612 
                                              7746 
 finnCap Limited (Nomad and Broker)          www.finnCap.com 
  Jonny Franklin-Adams / Carl Holmes          T: +44 (0) 20 7220 
                                              0500 
 Alma PR (Financial Public Relations)        www.almapr.co.uk 
  Josh Royston / Hilary Buchanan              T: +44 (0) 208 004 
  / John Coles                                4218 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRASSUFDLFMSEFI

(END) Dow Jones Newswires

May 04, 2016 09:21 ET (13:21 GMT)

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