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 London Stock Exchange. RNS is approved by the Financial Conduct 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.

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August 01, 2019 02:00 ET (06:00 GMT)

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