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Change of Adviser

18th Jun 2009 07:41

RNS Number : 0974U
eServGlobal Limited
18 June 2009
 

 

eServGlobal Appoints New Nominated Advisor & Broker for AIM

 

Sydney 18 June 2009

eServGlobal Limited (LSE: ESG & ASX: ESV), a provider of end-to-end solutions enabling smart communication, charging and payment services, today announces the appointment of Altium as NOMAD and Broker for its listing on the London Stock Exchange's AIM Market.

"eServGlobal's business has developed significantly since our admission to AIM in 2004. We believe that Altium have the resources and skills to assist us to expand our UK investor base and grow value over the coming years." commented Ian Buddery, Executive Chairman of eServGlobal. "This appointment indicates our continuing commitment to the AIM market and to our long-term strategic presence in the UK."

In addition eServGlobal announces that, following the placing dated 15 June 2009, application has been made to the London Stock Exchange for 24, 595,440 ordinary shares to be admitted to trading on AIM and it is expected that dealings will commence on or around 23 June 2009. Following the placing the enlarged issued share capital of the company will be 196,661,038 ordinary shares with 3,923,478 ESOP options (unlisted).

About eServGlobal 

eServGlobal (AIM: ESG & ASX: ESV) develops and implements solutions for mobile payment, convergent charging and rating, network services and messaging products, for telecom service providers, across all legacy and next generation telecom networks.

 

eServGlobal provides comprehensive services ensuring the success of projects with worldwide implementation, integration and support services. Its innovative solutions help service providers to grow new revenues, reduce churn and lower their costs. 

 

Over 80 of the world's leading service providers, with over 400 million mobile subscribers in more than 50 countries, are taking advantage of eServGlobal's end-to-end solutions and expertise to quickly deliver revenue-generating services. With 16 offices around the world and staff from 30 different countries, it provides flexible solutions with ongoing product development, based on a deep understanding of its customers' challenges.

 

eServGlobal is listed on the Australian Stock Exchange (ASX: ESV) and the London Stock Exchange AIM market (LSE: ESG). More information can be found at: www.eservglobal.com

 

 

eServGlobal Limited

Tel: +61 2 9364 2700

Ian Buddery

 

Executive Chairman

 

 

 

Altium

Tel: +44(0)20 7484 4040

Nominated adviser, Mike Fletcher/Paul Lines

 

Corporate Broking, Chloe Ponsonby

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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