TIDMESG

RNS Number : 2707N

eServGlobal Limited

05 September 2013

eServGlobal Limited (eServGlobal or the "Company")

Employee Share Options Update

Paris: 5 September 2013

eServGlobal (LSE: ESG & ASX: ESV), the provider of end-to-end mobile financial services to emerging markets, announces that it intends to seek shareholder approval at its next Annual General Meeting, expected to be held in March 2014, for approval to issue 750,000 options under the Company's Employee Share Option Plan (ESOP) to each of its CEO, Paolo Montessori and CFO, Steve Blundell.

The exercise price is intended to be A$0.36 per option expiring 5 years from the date of the shareholder approval with 50% exercisable on 30 May 2014 and the balance on 30 May 2015.

eServGlobal advises that there are currently 9,450,000 options on issue under ESOP.

About eServGlobal

eServGlobal has been a source of innovative solutions for mobile and financial service providers for 30 years. eServGlobal invests heavily in product development, using carrier-grade, next-generation technology and aligning with the requirements of more than 90 customers in over 65 countries.

Our mobile money solutions put feature-rich mobile financial services at the fingertips of users worldwide, covering the full spectrum of mobile wallet, mobile commerce, recharge and agent management features. The market leading international remittance service HomeSend(R) is based on eServGlobal technology and offered by our strategic business partner BICS. eServGlobal also offers a comprehensive suite of sophisticated, revenue generating Value-Added Services to engage subscribers in a dynamic manner. These services can be seamlessly integrated with our mobile money portfolio to extend loyalty and promotion offers. eServGlobal is listed on the Australian Securities Exchange (ESV) and the London Stock Exchange AIM (ESG). More information at: www.eservglobal.com

For further information, please contact:

 
 eServGlobal                                  www.eservglobal.com 
 Tom Rowe, Company Secretary                  T: +61 (2) 8014 5050 
 Cenkos Securities plc                        www.cenkos.com 
  Ivonne Cantú/Stephen Keys (Nomad)       T: +44 (0) 20 7397 8980 
 Newgate Threadneedle                         www.newgatethreadneedle.com 
  Caroline Evans--Jones/Josh Royston/Hilary    T: +44 (0) 20 7653 9850 
  Millar 
 Charles Stanley Securities                   www.csysecurities.com 
  Dugald Carlean/Paul Brotherhood              T: +44 (0) 20 7149 6000

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCNKQDNBBKBDCK

Eservglobal (LSE:ESG)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Eservglobal Charts.
Eservglobal (LSE:ESG)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Eservglobal Charts.