REG - Satsuma Tech PLC - Appointment of Auditor

Satsuma TechnologyAnnouncement

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RNS Number : 6211E  Satsuma Technology PLC  23 October 2025

This announcement contains inside information within the meaning of Article
7(1) of the EU Market Abuse Regulation No. 596/2016 as it forms part of UK law
by virtue of the European Union (Withdrawal) Act 2018

 

 

Satsuma Technology Plc

('Satsuma' or the 'Company')

 

Appointment of Auditor

 

Satsuma Technology PLC [LSE: SATS] today announces that the board has approved
the appointment of BDO LLP as auditor ahead of its proposed move from the
Equity Shares (Transition) Category to the Equity Shares (Commercial
Companies) Category of the Official List of the Financial Conduct Authority
("Uplisting").

 

This appointment follows the appointment of Andrew Smith as CFO announced on
14 October 2025 and the appointments of Canaccord Genuity and Latham &
Watkins announced on 16 October 2025.

 

Satsuma aims to complete the Uplisting on or before 30 December 2025.

 

Henry K. Elder, CEO, commented:

 

"Our ambition to create an enduring, institutional-grade company rests upon a
foundation of unimpeachable financial integrity. The appointment of BDO, a
globally respected leader in assurance and advisory, is a testament to our
commitment to that principle. This completes our team of top-tier advisors for
the Uplisting, and alongside our new CFO, ensures we have robust financial
oversight. We are methodically putting in place the people and partners
required to build long-term trust and credibility in the market."

 

Ends

 

Enquiries:

 

 Satsuma Technology PLC                                                     +44 (0)20 3855 8888

 Matt Lodge, Chairman

 Data Counsel                                                               satsuma@datacounsel.uk (mailto:satsuma@datacounsel.uk)

                                                                          +44 (0)7767 345 563
 Steffan

 Williams                                                                   +44 (0)7534 068 657

 William Barker

 

Satsuma provides no guarantee that future development and future results
achieved will correspond to the forward-looking statements included here and
accepts no liability if they should fail to do so. Satsuma undertakes no
obligation to update these forward-looking statements and will not publicly
release any revisions that may be made to these forward-looking statements,
which may result from events or circumstances arising after the date of this
release.

 

 

 

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