Entertainment AI PLC Change of Auditor and Results Date (4171O)
May 29 2020 - 9:00AM
UK Regulatory
TIDMEAI
RNS Number : 4171O
Entertainment AI PLC
29 May 2020
Entertainment AI plc
("EAI", "Group" or the "Company")
Change of Auditor and Results Date
Entertainment AI plc (EAI: AIM), a leading technology and media
platform company focused on transforming video content and
e-commerce through micro-targeting, announces that it has appointed
Crowe LLP ("Crowe") as auditor to the Company for the financial
year ending 31 December 2019, in place of Haysmacintyre LLP
("Haymacintyre").
Crowe acted as the reporting accountant on the Company's
admission to AIM, which provides Crowe with greater familiarity
over the Group's structure and tax position. Haysmacintyre had
represented Blockchain Worldwide plc with whom EAI merged.
Haysmacintyre has confirmed that there are no reasons or matters
which they consider should be brought to the attention of the
Company.
The Company additionally confirms that further to its
announcement of 21 January 2020, in which the Company announced the
change of accounting reference date to make it a calendar year
reporting company, the Company expects to publish its 2019 annual
results before 30 June 2020. Because of the Group's Admission to
AIM in October of 2019, these results will include figures for
three months of the Company only (when the Company had no
operations but Blockchain operated) and three months of the
enlarged Group.
The first report of EAI will be the six-month interim financials
to be released prior to 30 September.
Entertainment AI
Patrick DeSouza, Chairman Tel: +1 203 654 5426
Todd Carter, CEO
Adrian Hargrave, CFO +44 (0)7775 701 838
Dowgate Capital Ltd (Joint Broker and Research Tel: 020 3903 7715
Coverage)
Stephen Norcross
WH Ireland (Joint Broker and Nomad) Tel: 020 7220 1666
Adrian Hadden / James Sinclair-Ford / Matthew
Chan
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END
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