Announcement • Mar 30
EML Payments Limited Appoints Adam Olding as Chief Executive Officer, Effective March 30, 2026 EML Payments Limited announced the appointment of Mr. Adam Olding as Chief Executive Officer, effective March 30, 2026. This appointment reflects EML's progress on its EML2.0 transformation program and is intended to support the next phase of execution across the Group's operating and growth priorities. Mr. Olding has already been leading EML’s Australia, UK and Europe businesses. His appointment as CEO provides clear executive accountability across regions and functions as EML continues the deployment and migration of its single global technology platform. As CEO, Mr. Olding will be responsible for the day-to-day management of EML and will lead the Executive Leadership Team in executing the Company’s operational and strategic priorities including the deployment of the new global technology platform Arlo across the business. Adam has more than 25 years experience spanning payments, financial services, technology and listed-company environments. He has held senior executive roles in regulated businesses across Australia, the UK and Europe, with expertise in payments, governance, corporate development and business transformation. Adam joined EML as CEO, Australia, UK and Europe in September 2024 and has led the EML 2.0 transformation program across those regions. Following recent executive leadership consolidation, Adam also assumed oversight of the North American market; his elevation to Global CEO is a logical progression. Prior to joining EML, he was CEO of the education finance business ZeeFi. He previously served as Commercial Director and General Counsel of Optal Limited, where he worked with Anthony Hynes to build the business into a significant global payments company prior to its sale. Adam holds degrees in law (Hons) and economics from Monash University, together with postgraduate qualifications in communications and corporate governance. Announcement • Jan 19
EML Payments Limited to Report First Half, 2026 Results on Feb 25, 2026 EML Payments Limited announced that they will report first half, 2026 results on Feb 25, 2026 Announcement • Dec 01
EML Payments Limited Announces CFO Transition EML Payments Limited announced the appointment of Stuart Will as Chief Financial Officer, effective December 1, 2025, following the resignation of James Georgeson. Stuart Will is currently the Group Financial Controller of EML and has worked closely with Mr. Georgeson and the global finance team over the past nine months. Prior to joining EML, Mr. Will has served as Chief Financial Officer at a number of large-scale organizations including Optal Ltd. and Baby Bunting. He brings extensive CFO, Company Secretary and executive leadership experience across the fintech, financial services, and retail sectors, with particular expertise in global operations and strategic transformations. Mr. Will is a Chartered Accountant and holds a Bachelor of Business (Accounting). Mr. Will and Mr. Georgeson will continue to work together to affect a smooth transition through the first quarter of 2026. Announcement • Sep 11
EML Payments Limited, Annual General Meeting, Nov 19, 2025 EML Payments Limited, Annual General Meeting, Nov 19, 2025. Announcement • Jul 29
EML Payments Limited to Report Fiscal Year 2025 Results on Aug 27, 2025 EML Payments Limited announced that they will report fiscal year 2025 results on Aug 27, 2025 Announcement • Jan 29
Jeremy Raper Says EML Payments 'Should Be Sold' EML Payments Limited (ASX:EML) board should immediately appoint advisers and put the business up for sale, activist investor and "long-suffering shareholder" Jeremy Raper said. Mr. Raper has written to EML Executive Chair Anthony Hynes, saying that in the wake of the company firing its newly appointed Chief Executive Ron Hynes (no relation) in December, the board should "immediately hire bankers and conduct a full sales process". The company's shares traded as high as 84c as rumours of the letter's existence leaked into the market on 24 January 2025, before the stock closed 2c higher at 81.5c. Mr. Raper said in his letter he believed a sale process could generate a price of $1.50 - $1.70 per share, or a 100% premium to the current share price. Wilson Asset Management recently increased its stake in EML from 8.6% to 9.7%, with the change lodged with the ASX on January 17. QVG Capital is also a substantial holder of EML, with a 5.7% stake. EML did not make any statement to the ASX on 24 January 2025 regarding the letter. The company was contacted for comment on -27 January 2025. Mr. Raper said there were "many obvious financial and strategic reasons" for putting the company on the sale block. "But the most salient one is this: after this most recent management debacle, whatever reservoirs of patience that remained amongst the investor base have been completely exhausted," Mr. Raper said in his letter. "As such, EML will never achieve a reasonable valuation whilst it remains a listed entity - and because of this, it is imperative EML consider fully all strategic alternatives now, with the business cleansed of legacy issues, but -before it embarks on the aggressive turnaround plan recently -outlined." EML sacked US-based Mr. Hynes on December 23 after six months in the top job, with the board saying it needed different leadership to execute its turnaround plans. Mr. Hynes was championed by EML upon his commencement in the role on June 30 for his "impressive value-creation track record, growth bias and proven leadership capabilities", which were aligned to the needs of the company and marketplace. He is the second chief executive to have recently departed the embattled payments group after a sweeping overhaul announced in April 2023 saw Emma Shand leave after only nine months in the job. Non-executive chair Anthony Hynes, who also joined the company mid-last year, assumed the chief executive role, replacing Ron Hynes. Mr. Raper said in his letter that EML's brand was damaged beyond repair, meaning a business sale was the best course of action. "Business turnarounds always carry risk, and here, with shareholder fatigue so palpable, the perceived out-year reward of a massive equity rerating (upon execution of the turnaround) is unlikely," he said. Announcement • Sep 17
EML Payments Limited, Annual General Meeting, Nov 26, 2024 EML Payments Limited, Annual General Meeting, Nov 26, 2024. Announcement • Sep 03
GoCardless Ltd. completed the acquisition of Sentenial Ltd from EML Payments Limited (ASX:EML) for an enterprise value of €32.8 million. GoCardless Ltd. has signed an agreement to acquire Sentenial Ltd from EML Payments Limited (ASX:EML) for €32.8 million on March 14, 2024. The transaction is subject to customary completion adjustments for working capital and net debt. The Sale also includes a potential downward price adjustment linked to ongoing key contract performance (capped at €7.5 million) in the period up to completion of the Sale (“Completion”) and an earn out based on recurring revenue from new contracts signed by the Sentenial business between February 1, 2024 and 30 days after Completion. Completion is not subject to financing. The Sale is subject to approval from the French and United Kingdom financial regulators, L'Autorité de contrôle prudentiel et de résolution and the Financial Conduct Authority respectively, which are presently expected to be completed within 3 to 6 months. The transaction is expected to be completed in the first half of 2025. Barrenjoey and Barclays were appointed as financial advisers on the Sale. Caroline Rae of Herbert Smith Freehills LLP acted as legal advisor to EML Payments Limited.
GoCardless Ltd. completed the acquisition of Sentenial Ltd from EML Payments Limited (ASX:EML) for an enterprise value of €32.8 million on September 2, 2024. Announcement • Aug 21
EML Payments Limited Announces Board Changes EML Payments Limited announced that current non-executive director Mr. Anthony Hynes would be its chairman from 28 August 2024 and that Dr. Luke Bortoli and Mr. Jim Pollock would be retiring from the board at that time. Petrina Coventry has been appointed to the board effective 19 August 2024. Following a global search process, Mr. Hynes joined the board as an independent non-executive director in June 2024 in the expectation of the Chairmanship transition. Mr. Hynes is a highly respected global B2B payments industry entrepreneur, managing director and advisor. He was the Founder and Managing Director of global payments business eNett International. Most recently Mr. Hynes was President of Travel and subsequently Executive Advisor at Wex Inc. Ms. Coventry is a highly respected Non-executive Director, and her career includes over 25 years managing multiple functions for large global businesses within Asia Pacific, Europe and the US including GE Financial Services, the Coca-Cola Company and Santos Ltd. Her career was focused for many years on leading governance systems, human resources, organizational design, occupational health and safety and executive development and in the last decade she has been increasingly focused leading M&A, strategy and risk and audit portfolios. Ms. Coventry is an experienced Non-executive Director and Chair; she is the current Chair of Transplant Australia, former Chair of the Adelaide Business School, former Director of the Australian Human Resources Institute and a Fellow and faculty member of the Australian Institute of Company Directors. Her qualifications include MBA, Master Ethics and Ph.D. Announcement • Jul 20
EML Payments Limited to Report Fiscal Year 2024 Results on Aug 28, 2024 EML Payments Limited announced that they will report fiscal year 2024 results on Aug 28, 2024 Announcement • Mar 15
GoCardless Ltd. has signed an agreement to acquire Sentenial Ltd from EML Payments Limited (ASX:EML) for €32.8 million. GoCardless Ltd. has signed an agreement to acquire Sentenial Ltd from EML Payments Limited (ASX:EML) for €32.8 million on March 15, 2024. The transaction is subject to customary completion adjustments for working capital and net debt. The Sale also includes a potential downward price adjustment linked to ongoing key contract performance (capped at €7.5 million) in the period up to completion of the Sale (“Completion”) and an earn out based on recurring revenue from new contracts signed by the Sentenial business between February 1, 2024 and 30 days after Completion. Completion is not subject to financing. The Sale is subject to approval from the French and United Kingdom financial regulators, L'Autorité de contrôle prudentiel et de résolution and the Financial Conduct Authority respectively, which are presently expected to be completed within 3 to 6 months. Barrenjoey and Barclays were appointed as financial advisers on the Sale. Announcement • Sep 20
EML Payments Limited, Annual General Meeting, Nov 29, 2023 EML Payments Limited, Annual General Meeting, Nov 29, 2023. Agenda: To consider the election of Directors. Announcement • Aug 30
EML Payments Limited Appoints Mr. Peter Lang as Chief Corporate Development Officer, Effective on September 1, 2023 EML Payments Limited announced that Mr. Peter Lang has been appointed Chief Corporate Development Officer (CCDO) effective 1 September 2023 and will remain on the Board as an Executive Director. Mr. Lang has been actively involved in several important initiatives since being appointed to the Board as a non-Executive Director on 22 February 2023. In particular, he has taken carriage of the strategic review, supporting remediation activities including chairing the Board's Regulatory Remediation Committee and re-negotiating interest yields on customer float leading to material gains. In his Chief Corporate Development Officer role, Mr. Lang will also provide the leadership team with greater capacity to concentrate on customers, revenue, cost reduction and product development. Mr. Lang will inject valuable commercial skills to ongoing Strategic Review activities together with key revenue initiatives. Announcement • Aug 29
EML Payments Limited Announces CFO Changes, Effective on September 1, 2023 EML Payments Limited announced that Mr. James Georgeson will join the company as Chief Financial Officer (CFO) effective from 1 September 2023. Mr. Georgeson is an experienced ASX-listed company executive with over 22 years in the financial services sector. He most recently served as CFO of AMP Limited and is highly skilled in leading large-scale programs across a broad range of stakeholders and jurisdictions, in heavily regulated markets. Mr. Georgeson has significant experience in leading end-to-end finance functions and running transformative change programs, which will be a great asset to EML as it actions its operational priorities and continues the strategic review of the EML business. Jon Gatt, who has been Interim Group CFO since January 2023 will return to his role as European CFO. The Board would like to thank Jon for his contribution and dedication since January, which has been a time of significant change for the Group. Announcement • Aug 22
EML Payments Limited to Report Fiscal Year 2023 Results on Aug 29, 2023 EML Payments Limited announced that they will report fiscal year 2023 results on Aug 29, 2023 Announcement • Feb 09
EML Payments Limited Announces Board Resignations David Liddy, Melanie Wilson and Tony Adcock will resign from the EML Payments Limited's Board on or before the 2023 AGM once the new Directors have been appointed. Announcement • Jan 24
EML Payments Limited to Report First Half, 2023 Results on Feb 22, 2023 EML Payments Limited announced that they will report first half, 2023 results on Feb 22, 2023 Announcement • Jan 19
EML Payments Limited Announces Executive Changes, Effective 16 April 2023 EML Payments Limited announced that by agreement Robert Shore, Group Chief Financial Officer, will step down from his role and depart EML on 16 April 2023. Robert joined EML six and a half years ago, becoming CFO in late 2018, and will work with EML over the next three-month period to ensure a smooth transition. Jonathan Gatt, who is currently EML's European Chief Financial Officer has been appointed interim Group CFO, effective immediately, while the company conducts an internal and external global search for the position. Prior to joining EML, Jonathan spent 17 years at GE Capital where he held a number of finance roles, most recently executive roles including as CFO of their remaining regulated businesses as they transitioned out of financial services in the US and Europe. He is an Australian Chartered Accountant and holds both Australian and UK residency.