eServGlobal Limited Director and Senior Management Appointments (2413D)

TIDMESG

RNS Number : 2413D

eServGlobal Limited

08 October 2018

eServGlobal Limited (eServGlobal or the "Company")

Director and Senior Management Appointments

8 October 2018

eServGlobal (LSE: ESG.L & ASX: ESV.AX), a pioneering digital transactions technology company, announces that further to the announcement released on 27 September 2018, the Company is pleased to announce the re-appointment of Jamie Brooke as Non-Executive Director to the Board of eServGlobal with immediate effect. The Company is also pleased to announce that Matt Richardson has been appointed as joint Company Secretary alongside Tom Rowe.

Jamie Brooke

Mr Brooke is an employee of Lombard Odier Investment Managers, a significant shareholder in the Company and previously sat on the Board between 2010 and 2013. Lombard Odier has been a long term supportive shareholder of eServGlobal and the Board believes that having the experience of Jamie on the board will be a significant benefit to the Company with regard to both the HomeSend JV and ensuring value realisation of the core business.

Jamie was founder and lead Portfolio Manager for the 1798 Volantis Catalyst Funds I & II and also leads the team's active engagement capability. Jamie has over ten years of quoted small-cap experience alongside ten years of private equity and venture capital experience at 3i and Quester. Mr. Brooke is an ACA Chartered Accountant, has a Mathematics degree from Oxford University and an Internet & Telecommunications MSC from UCL.

Matt Richardson

Matt qualified as a solicitor at Olswang in 2002 and has over fifteen years' in-house legal experience in the telecoms and media industries. He joined eServGlobal as General Counsel in 2011 after five years as Legal Counsel & Company Secretary at Pinewood Shepperton plc. He holds a BA Hons Philosophy, Graduate Diploma Law and a degree in Sport and Recreation Management.

The following disclosures are required regarding Mr Brooke's appointment pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies:

James (Jamie) Dominic Brooke, aged 47, has been a director of the following companies during the five years preceding the date of this announcement:

 
 Current directorships and/or    Former directorships and/or 
  partnerships:                   partnerships (within the last 
                                  five years): 
 Redhall Group plc               Inspired Capital plc 
 Flowgroup plc                   Samba Ltd 
 Chapel Down Group plc           Samba Communications Limited 
 Internet Fusion Group Limited   Darwin Strategic Ltd 
                                 Oryx International Growth 
                                  Fund 
                                 Bizhelp24 Limited 
                                 Ashley Finance Limited 
                                  NetDimensions (Holdings) Limited 
 

At the date of this announcement, Mr Brooke does not have any beneficial interest in the ordinary shares of the Group. Lombard Odier Investment Managers, Mr Brooke's employer, holds 270,265,286 ordinary shares in the Company via the fund which is managed by Mr Brooke, representing 22.7% of the Company's issued share capital.

Save for the disclosures above, there are no further disclosures to be made in accordance with Schedule 2(g) of the AIM Rules.

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                          [e-mail] 
  Andrew Hayward, Chief Financial Officer 
  Alison Cheek, VP Corporate Communications 
 finnCap Limited (Nomad and Broker)                   www.finnCap.com 
  Corporate Finance: Jonny Franklin-Adams /            T: [phone] 
  Anthony Adams / Hannah Boros                         0500 
  Corporate Broking: Tim Redfern / Richard Chambers 
 Alma PR (Financial Public Relations)                 www.almapr.co.uk 
  John Coles / Helena Bogle                            T: [phone] 
                                                       4218 
 Tulchan Communications LLP                           www.tulchangroup.com 
  Jonathan Sibun / James Macey White / Matt            T: [phone] 
  Low 
 

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October 08, 2018 02:00 ET (06:00 GMT)