ESG Eservglobal Limited

TIDMESG

RNS Number : 2199K

eServGlobal Limited

16 August 2012

eServGlobal Limited (eServGlobal or the "Company")

Regulatory Updates

Paris: 17 August 2012

eServGlobal (LSE: ESG & ASX: ESV), a global telecoms software vendor specialising in Mobile Money and Value-Added Services provides two regulatory updates.

Change in Registered Address

The Company's registered address will be changing to the following effective as of August 17:

eServGlobal

c/o Company Matters Pty Ltd

Level 12

680 George Street

Sydney NSW 2000

Australia

Shareholder Loan Repayment

On 8 August 2011, the Company announced that it had established a A$14m loan facility with its three largest shareholders at the time, all of whom had board representation. On 17 August 2012 the Company made a A$4.8m repayment bringing the total amount repaid to A$6.8m. The remaining balance of the loan, A$7.2m, has been extended for up to a twelve month period as per the terms of the agreement. This is disclosed pursuant to ASX Rule 3.1.

About eServGlobal

eServGlobal specializes in Mobile Money solutions and Value-Added Services (VAS), to help Mobile 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 80 customers in over 55 countries.

For more than 25 years mobile and financial service providers have used eServGlobal solutions 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 Money Services and International Remittance Services. In strategic partnership with BICS, the HomeSend solution is the only mobile-centric international remittance hub to gain endorsement from the GSM Association.

eServGlobal's Value-Added Services in promotions, loyalty and messaging enable service providers to engage with their subscribers in a personalized and dynamic manner.

To reduce time-to market and to meet the needs of operators and banks, eServGlobal provides multiple licensing alternatives as well as SaaS-based products and services.

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 (0)7 3302 0194 
  Christina Tubb, Head of Investor Relations 
  investors@eservglobal.com 
 Cenkos Securities plc                         www.cenkos.com 
  Ivonne Cantú/Stephen Keys (Nomad)        T: +44 (0) 20 7397 8980 
 Newgate Threadneedle Communications           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

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