Section 708A(5)(e) Corporations Act Notice

eServGlobal Limited (eServGlobal or the "Company")

Notice under Section 708A(5)(e) of the Corporations ActSydney: 26 October 2018

eServGlobal (LSE: ESG.L & ASX: ESV.AX), a pioneering digital transactions technology company, advises that on 24 October 2018 it completed the retail component of the recent Entitlement Offer conducted by the Company with the issue of 19,724,520 shares (Retail Offer Shares). Due to rounding applied at the individual holder level and the exclusion of certain foreign holders, the aggregate of the Retail Offer Shares and institutional component of the Entitlement Offer exceeded the shares available under the Entitlement Offer by 78,158 fully paid ordinary shares (the Clawback Shares). The Clawback Shares were issued on 24 October 2018.

The Company advises that

(a) the Clawback Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

(b) this notice is being given under section 708A(5)(e) of the Corporations Act;

(c) as at the date of this notice, the Company has complied with:

(i) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

(ii) section 674 of the Corporations Act; and,

(d) as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act.

About eServGlobal

eServGlobal (AIM:ESG, ASX:ESV) is a pioneering digital financial transactions technology company, enabling financial and telecommunications service providers to create smoother transactions for their customers through deep technical expertise and rapid implementation. Built on the latest technology platforms, eServGlobal offers a range of transaction services including digital wallets, commerce, remittance, recharge, rapid service connection and business analytics. eServGlobal combines more than 30 years' experience, with an agile, future-focused mind-set, to align with the requirements of customers and partners around the globe.

Together with Mastercard, eServGlobal is a joint venture partner of the HomeSend global payment hub, enabling cross-border transfer between bank accounts, cards, mobile wallets, or cash outlets from anywhere in the world. Mastercard holds 64.31% of the HomeSend JV, and eServGlobal holds 35.69%.

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