Wameja Limited Suspension of trading on AIM (5169H)
01 Agosto 2019 - 1:00AM
UK Regulatory
TIDMWJA
RNS Number : 5169H
Wameja Limited
01 August 2019
Wameja Limited ("Wameja" or the "Company")
Suspension of trading on AIM
1 August 2019
Wameja (formerly eServGlobal Limited) (LSE: ESG.L & ASX:
ESV.AX), a joint venture partner with Mastercard in the HomeSend
global payment hub, announces that trading in the Company's
ordinary shares will be temporarily suspended from trading on AIM
with effect from 7.30 a.m. (London time) today, Thursday, 1 August
2019, due to the divergent treatment of processing changes to the
Company's International Securities Identification Number ("ISIN")
arising from the change in the Company's name to Wameja Limited, as
approved by shareholders at the Company's general meeting held on
22 July 2019.
As a result of a delay caused by Euroclear in accepting an
opinion in a form satisfactory to Euroclear as set out in CREST
Rule 9, Euroclear has not been able to process trades in the
Company's shares on 31 July 2019 and has not yet confirmed that it
will be able to do so today, 1 August 2019, requiring the
suspension of shares on AIM. At present, the Company is unable to
provide further clarity on the definitive timing of when the
suspension will be lifted but as Euroclear has now accepted the
opinion required under CREST Rule 9, the Company anticipates that
the suspension will be lifted shortly.
The Company would like to stress that this delay has been caused
by no fault of its own or its advisers. The Company and its
advisers have worked closely with the London Stock Exchange, as
well as the Company's registrars and Euroclear, to seek to avoid
any suspensions, however due to the abovementioned challenge
presented by Euroclear, and despite the Company's best efforts, a
temporary suspension from trading on AIM is unavoidable.
The Company's shares will continue to trade on the Australian
Securities Exchange.
A further update will be provided in due course.
For further information, please contact:
Wameja Limited www.wameja.com
John Conoley, Executive Chairman investors@wameja.com
Tom Rowe, Company Secretary
Alison Cheek, VP Corporate Communications
finnCap Limited (Nomad and Broker) www.finnCap.com
Corporate Finance: Jonny Franklin-Adams / T: +44 (0) 20 7220
Anthony Adams / Hannah Boros 0500
Corporate Broking: Tim Redfern / Richard Chambers
About Wameja
Wameja and Mastercard are joint venture partners of the HomeSend
global payment hub. HomeSend enables cross-border transfer between
bank accounts, cards, mobile wallets, or cash outlets from anywhere
in the world. As a founding partner in the HomeSend hub, Wameja
helped conceive and bring the opportunity to market.
This information is provided by RNS, the news service of the
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Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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