CEO Remuneration Disclosure Announcement (2881E)
05 Aprile 2011 - 8:00AM
UK Regulatory
TIDMESG
RNS Number : 2881E
eServGlobal Limited
04 April 2011
CEO REMUNERATION
Paris, 4 April 2011
eServGlobal Limited (ASX: ESV, LSE: ESG), a global telecoms
software vendor specializing in Mobile Money and Value-Added
Services (VAS), today makes an announcement regarding its Chief
Executive Officer's (CEO) remuneration package.
In accordance with ASX Listing Rule 3.1, the key terms and
conditions of the CEO's employment agreement are as follows:-
-- The salary package comprises a base, fixed salary (50%) and a
variable component (50%).
-- The variable component is payable only upon meeting agreed
performance targets relating to achievement of the company's
financial plan and specific business objectives.
-- The variable component is payable in cash and/or shares at
the Board's discretion.
-- The employment agreement may be terminated by either party by
giving six month's notice. Any payment made in lieu of notice is
calculated with reference to the fixed package component only, plus
any accrued leave entitlements.
-- The CEO is entitled to participate in the company's Share
Option Plan, in accordance with the terms and conditions of that
plan.
-- The salary package will be reviewed annually by Remuneration
& Nominations Committee and any changes will be recommended to
the Board for consideration.
The CEO's salary package structure remains the same as that in
his prior role as Chief Operating Officer and also has the same
structure as that of the previous CEO Richard Mathews.
ENDS
eServGlobal specializes in Mobile Money solutions and
Value-Added Services (VAS), to help Telco Service Providers
increase their revenue and gain and maintain customer
ownership.
eServGlobal invests heavily in product development, using
carrier-grade, next-generation technology and aligning with the
requirements of more than 60 customers in over 45 countries. For 24
years, mobile, fixed, Internet and multiplay telco providers have
used our capabilities to lead and innovate in their local markets,
leveraging their core assets and their trusted agent and subscriber
relationships.
With 13 offices globally, eServGlobal provides full "end-to-end"
and "any account to any account" Mobile Financial Services and
International Money Transfers.
Our Value Added Services in promotions, loyalty, messaging, and
multiplay are focused around the transaction and enable service
providers to engage with the subscriber in a personalized and
dynamic manner.
To reduce time-to market and manage exposure to CAPEX, we now
offer multiple licensing alternatives, including SaaS-based
flexible, revenue-share pricing.
eServGlobal Limited is listed on the Australian Securities
Exchange (ASX: ESV) and the London Stock Exchange AIM market (LSE:
ESG). More information can be found at: www.eservglobal.com
eServGlobal Limited T: +61 7 3302 0194
Jason Lilienstein info@eservglobal.com
Company Secretary
Cenkos Securities plc www.cenkos.com
Ivonne Cantu/Stephen Keys (Nomad) T: +44 (0) 20 7397 8980
Alex Aylen/Julian Morse (Sales) icantu@cenkos.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEAPLLELNFEFF
Grafico Azioni Eservglobal (LSE:ESG)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Eservglobal (LSE:ESG)
Storico
Da Lug 2023 a Lug 2024