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First Global Announces Resignation of Director

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO , Oct. 4, 2018 /CNW/ - First Global Data Limited (the "Company") would like to announce that one of its directors, Ray Wieler has decided it necessary to resign from the board for personal health reasons.

First Global Data Limited (CNW Group/First Global Data Limited)

"It is with mixed emotions that we accept Ray's resignation from our Board" said Andre Itwaru , the Company's Chairman. "This was a difficult decision for Ray. His health challenges have mounted over the past few months and he was advised by his medical advisors that focusing on his health was of paramount importance. Ray has also had to disengage from responsibilities and obligations in a number of other organizations and boards of which he is a member. We sincerely wish Ray the very best of health and a speedy recovery."

About First Global Data Ltd. (www.firstglobaldata.com)

First Global is an international financial services technology ("FINTECH") company. The Company's two main lines of business are mobile payments and cross border payments. First Global's proprietary leading-edge technology enables the convergence of compliant domestic and cross border payments, shopping, Peer to Peer ("P2P"), Business to Consumer ("B2C"), and Business to Business ("B2B") payments. First Global enables its strategic partners and clients around the world with our leading-edge financial services technology platform.

Neither TSX Venture Exchange Inc. ("TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities offered in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Information:
This news release contains "forward-looking information" within the meaning of applicable securities laws. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release. First Global undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of First Global, its securities, or financial or operating results (as applicable). First Global disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

SOURCE First Global Data Limited

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