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eServGlobal To Take Part In Investee's Financing Round To Retain Stake (ALLISS)

Thu, 29th Nov 2018 12:22

LONDON (Alliance News) - eServGlobal Ltd said Thursday that it will take part in its investee's, HomeSend SCRL, capital raise in order to retain a 35.68% stake in the firm.

HomeSend is looking to raise EUR47.0 million in total with the first tranche of funding of EUR6.1 million to be used for working capital purposes.

This tranche will be raised through the issue of new shares in HomeSend to be offered pro rata to the existing shareholders.

eServGlobal will subscribe and pay for its pro rata allocation of the new shares by November 30, to ensure it retains its level of holding in HomeSend.

eServGlobal shares were trading up 3.7% at 5.78 pence each on Thursday.

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22 Oct 2018 12:49

eServGlobal Completes Second Stage Of GBP19 Million Fundraising (ALLISS)

LONDON (Alliance News) - eServGlobal Ltd on Monday said it completed the retail component of its 1-for-11 accelerated non-renounceable entitlement offer.The retail offer represents the of a

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27 Sep 2018 14:59

eServGlobal Fund Raises For HomeSend And Potential Core Business Sale (ALLISS)

LONDON (Alliance News) - eServGlobal Ltd said on Thursday it has raised GBP19 million to fund the company's share of an expected capital raise by its HomeSend joint venture and to help the for

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31 Aug 2018 11:30

eServGlobal Narrows Interim Loss After Getting Costs Under Control

LONDON (Alliance News) - eServGlobal Ltd said Friday it was "encouraged" by its interim results with it reporting a considerably narrowed interim loss despite a fall in Australian posted

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2 Aug 2018 12:57

eServGlobal exceeds expectations and targets break even for full-year

(Sharecast News) - Fintech outfit eServGlobal on Thursday reported that orders in the first half of the year had exceeded expectations, standing the company in good stead to reach breakeven for the full-year.

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2 Aug 2018 12:45

eServGlobal On Track To Break Even As Orders Exceed Forecast

LONDON (Alliance News) - eServGlobal Ltd said Thursday it is on track to reach the "breakeven target" for the current year after an receiving order above forecast.For the six June

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29 May 2018 09:10

Software Firm Maestrano To Raise GBP6 Million In AIM Listing (ALLIPO)

LONDON (Alliance News) - Australian business software firm Maestrano Group PLC said Tuesday that it will raise GBP6 million via a listing of its shares on London's junior AIM market.The

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17 May 2018 12:32

eServGlobal Aims To "Deliver More Proof That Our Strategy Works"

LONDON (Alliance News) - eServGlobal Ltd Executive Chairman John Conoley said Thursday that despite a year of progress the payment company "still needs to deliver more proof" that its a

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21 Dec 2016 08:35

eServGlobal Promotes Recently-Appointed CFO Hayward To Executive Board

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5 Aug 2016 07:33

eServGlobal Issues Remaining 53.6 Million Open Offer Shares (ALLISS)

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30 Jun 2016 10:03

eServGlobal Recovery Continuing As First Half Hit By Conversion Timing

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14 Jun 2016 10:14

eServGlobal Clarifies Amid Plan To Raise Up To GBP15 Million (ALLISS)

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7 Jun 2016 13:20

eServGlobal To Raise GBP15.0 Million In Placing, Open Offer (ALLISS)

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18 May 2016 11:14

eServGlobal Says Recovery Has Begun In Wake Of Restructuring

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4 May 2016 14:32

eServGlobal secures big West Africa contract

(ShareCast News) - Emerging markets mobile financial services provider eServGlobal was celebrating a new contract win on Wednesday, having secured a deal to supply its PayMobile software to an unnamed service provider in West Africa. The AIM-traded firm said the total contract was worth ā‚¬1.6m over t

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4 May 2016 13:26

eServGlobal Wins West Africa PayMobile Contract, Reiterates Guidance

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