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Issue of Employee Options

28th May 2012 07:00

RNS Number : 2062E
eServGlobal Limited
28 May 2012
 



eServGlobal Limited (eServGlobal or the "Company")

 

New issue announcement: Share Options

Paris: 28 May 2012

 

eServGlobal advises that it has issued 8,700,000 options under the Employee Share Ownership Plan that was approved by shareholders at the Annual General Meeting on 28 March 2012. The options have an exercise price of AUD 36 cents (22p at current exchange rate) and are exercisable on or after 14 May 2014. The options will expire on 14 May 2017 and bring total share options in the Company to 10,310,000.

 

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 28 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 12 offices globally, eServGlobal provides full "end-to-end" and "any account to any account" Mobile Money Services and International Remittance Services. The HomeSend solution offered in partnership with BICS is the only mobile-centric international remittance hub to gain endorsement from the GSM Association. The HomeSend Certification Program ensures security and interoperability by certifying domestic mobile wallet providers, money transfer organizations, and financial service providers to connect to the hub.

 

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

[email protected]

T: +61 (0)7 3302 0194

Cenkos Securities plc

Ivonne Cantú/Stephen Keys (Nomad)

www.cenkos.com

T: +44 (0) 20 7397 8980

Newgate Threadneedle Communications

Caroline Evans‐Jones/Josh Royston/Hilary Millar

www.newgatethreadneedle.com

T: +44 (0) 20 7653 9850

 

 

 

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

 

New issue announcement,

application for quotation of additional securities

and agreement

 

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005.

 

 

Name of entity

 eServGlobal Limited

 

ABN

 59 052 947 743

 

We (the entity) give ASX the following information.

 

 

Part 1 ‑ All issues

You must complete the relevant sections (attach sheets if there is not enough space).

 

1

+Class of +securities issued or to be issued

 

Options

 

2

Number of +securities issued or to be issued (if known) or maximum number which may be issued

 

8,700,000

 

3

Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

Exercise Price: 36 cents

Expiry Date: 14 May 2017

Issued under the Employee Share Option Plan approved by shareholders on 28 March 2012 (ESOP)

 

 

4

Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities?

 

If the additional securities do not rank equally, please state:

·; the date from which they do

·; the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

·; the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

No.

 

 

 

 

 

The Options do not participate in dividends or have voting rights.

 

 

 

5

Issue price or consideration

 

Nil

 

 

 

6

Purpose of the issue

(If issued as consideration for the acquisition of assets, clearly identify those assets)

 

 

 

 

 

 

Issued under the ESOP

 

7

Dates of entering +securities into uncertificated holdings or despatch of certificates

 

 

28 May 2012

 

Number

+Class

8

Number and +class of all +securities quoted on ASX (including the securities in clause 2 if applicable)

 

 

 

196,847,706

Ordinary

 

 

 

 

 

 

Number

+Class

9

Number and +class of all +securities not quoted on ASX (including the securities in clause 2 if applicable)

 

 

 

110,000

 

 

1,500,000

 

 

 

 

8,700,000

Options exercisable for $0.80146 expiring on 3 October 2012

Options issued under the ESOP exercisable for $0.36 on or after 27 April 2014 expiring 27 April 2017

Options issued under the ESOP exercisable for $0.36 on or after 14 May 2014 expiring 14 May 2017

 

10

Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

N/A

 

 

Part 2 ‑ Bonus issue or pro rata issue

 

Items 11- 33 are not applicable

 

Part 3 ‑ Quotation of securities

You need only complete this section if you are applying for quotation of securities

 

34

Type of securities

(tick one)

 

(a)

Securities described in Part 1

 

(b)

All other securities

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

 

Entities that have ticked box 34(a)

 Additional securities forming a new class of securities

 

 

Tick to indicate you are providing the information or documents

 

35

If the +securities are +equity securities, the names of the 20 largest holders of the additional +securities, and the number and percentage of additional +securities held by those holders

 

 

36

If the +securities are +equity securities, a distribution schedule of the additional +securities setting out the number of holders in the categories

1 - 1,000

1,001 - 5,000

5,001 - 10,000

10,001 - 100,000

100,001 and over

 

 

37

A copy of any trust deed for the additional +securities

 

Entities that have ticked box 34(b)

 

38

Number of securities for which +quotation is sought

 

 

 

 

 

39

Class of +securities for which quotation is sought

 

 

 

 

 

40

Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities?

 

If the additional securities do not rank equally, please state:

·; the date from which they do

·; the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

·; the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

 

 

 

 

41

Reason for request for quotation now

Example: In the case of restricted securities, end of restriction period

 

(if issued upon conversion of another security, clearly identify that other security)

 

 

 

 

 

Number

+Class

42

Number and +class of all +securities quoted on ASX (including the securities in clause 38)

 

 

 

 

 

 

 

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

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