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eServGlobal Sells Core Business And Changes Name; CFO Resigns

Thu, 25th Jul 2019 15:28

(Alliance News) - eServGlobal Ltd on Thursday said it has completed the sale of its core business for EUR2 million and its chief financial officer has now resigned.

The company, "a joint venture partner with Mastercard in the HomeSend global payment hub" has changed its name to Wameja Ltd from eServGlobal. The name change will take effect on July 30.

Chief Financial Officer Andrew Hayward has reigned from the board and the digital transactions technology company itself immediately as part of a cost reduction plan and the firm has outsourced its back office finance function.

Shares in eServGlobal were down 3.5% at 4.73 pence on Thursday afternoon.

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26 May 2009 12:07

London midday: Equities drift lower

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26 May 2009 08:41

eServGlobal warns of EBITDA loss

Mobile phone billing software group eServGlobal has warned it will report an EBITDA loss of A$3m after restructuring costs and a 13% cut in headcount since the start of 2009. Earnings before interest, tax, depreciation and amortization (EBITDA) for the full year ending 30 June 2009 will be A$3m, bu

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