REG - Starcom PLC - Update Re Auditor
RNS Number : 5370EStarcom PLC04 July 20194 July 2019
Starcom plc
("Starcom" or the "Company")
Update re Auditor
Starcom (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets, provides the following update regarding the change to the Company's auditor.
At the Company's last annual general meeting on 17 June 2019, a resolution was passed to appoint Brightman Almagor Zohar & Co. Certified Public Accountants, a Firm in the Deloitte Global Network ("Deloitte Israel"), as the Company's auditor. The Company has subsequently been advised by Deloitte Israel that it will not be able to be appointed as auditor to Starcom. Deloitte Israel has confirmed to the Board of Starcom that they have not identified any issue related to Starcom that has led to this decision.
The board of Starcom is confident that a replacement firm of auditors will be appointed ahead of the audit for the year ending 31 December 2019 and a further announcement will be provided in due course.
Enquiries:
Starcom Plc
Michael Rosenberg, Chairman
07785 727 595
Avi Hartmann, CEO
+972 5447 5663
Allenby Capital Limited (Nominated Adviser and Broker)
020 3328 5656
James Reeve / Jeremy Porter / Asha Chotai
Peterhouse Capital Limited (Joint Broker)
020 7469 0930
Lucy Williams / Charles Goodfellow / Eran Zucker
Leander PR (Financial PR)
07795 168 157
Christian Taylor-Wilkinson
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