Holding(s) in Company
30 August 2005 - 7:21PM
UK Regulatory
RNS Number:5780Q
eServGlobal Limited
30 August 2005
Change in Substantial Shareholdings
Sydney, Australia - 30 August, 2005 - eServGlobal Limited (ASX:ESV & LSE:ESG), a
specialised supplier of large-scale telecoms network software and services to
telecommunications carriers, today announced a change in the shareholding of
three significant investors.
* Wallaby Hill Pty Ltd, a company associated with Mr Ian Buddery,
Executive Chairman of eServGlobal Limited, has today sold one million
(1,000,000) shares.
* Mr Patrick McGrory, Chief Executive Officer of eServGlobal Limited,
has today sold five hundred thousand (500,000) shares.
* Guinness Peat Group plc, a substantial shareholder in eServGlobal
Limited has increased its holding in eServGlobal Limited by acquiring one
million four hundred and eighty thousand (1,480,000) shares.
Mr Ian Buddery, Executive Chairman, said: "These transactions have enabled our
cornerstone investor, Guinness Peat Group, to further increase their investment
in eServGlobal whilst allowing Patrick and my company to realise capital. It
should be noted that the shares sold represent a small component of our total
shareholding. Wallaby Hill Pty Ltd will continue to hold 15,055,982 shares and
Mr McGrory will hold a relevant interest in 3,532,707 shares after this
transaction.
Mr McGrory, CEO, said: "We both remain fully committed to continuing the growth
of eServGlobal's business and increasing shareholder value and we look forward
to achieving another outstanding result in 2006."
About eServGlobal
eServGlobal Limited (ASX:ESV & LSE:ESG) provides independent and flexible
network intelligence systems to telecommunications carriers worldwide,
specialising in large-scale, high performance telecoms service control
environments, supporting voice and data services, for fixed-line, mobile and IP
carriers.
eServGlobal's solutions provide more capacity with more function, at lower cost
and enable customers to drive subscriber revenue whilst reducing the cost to
serve.
Headquartered in Sydney, Australia, eServGlobal has operations in Belgium,
India, Indonesia, the Netherlands, New Zealand, Poland and the UK. More
information can be found at: http://www.eservglobal.com
Contact:
John Hartigan
Company Secretary & Chief Financial Officer
+61 2 9364 2700
info@eservglobal.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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