TIDMSOM

RNS Number : 8109N

Somero Enterprises Inc.

22 May 2020

Somero Enterprises, Inc.

("Somero" or the "Company")

Annual Report Correction

Somero Enterprises, Inc., the North American manufacturer of patented, Laser Screed (R) equipment that automates the process of spreading and leveling volumes of concrete for commercial flooring and other horizontal surfaces, has been notified of a correction required to its annual report and accounts for the year ended 31 December 2019 ("Annual Report"). The Company erroneously omitted audit and tax fees paid in 2019. In 2019, audit fees paid were US$ 178,000 compared to US$ 173,000 in 2018, while tax fees paid in 2019 were US$ 227,000 compared to US$ 91,000 in 2018. The increase in tax fees was attributable in part to one-time costs associated with complying with the new US federal tax code as well as amendments to prior year tax filings.

The Company will be uploading an amended version of the Annual Report to the website shortly.

 
Enquiries: 
Somero Enterprises, Inc.              www.somero.com 
 Jack Cooney, CEO 
 John Yuncza, CFO 
 Howard Hohmann, EVP Sales 
finnCap Ltd (NOMAD & Broker) 
 Matt Goode (Corporate Finance) 
 Carl Holmes (Corporate Finance) 
 Kate Bannatyne (Corporate Finance) 
 Tim Redfern/Richard Chambers (ECM)   +44 (0)20 7220 0500 
Alma PR (Financial PR Advisor)        +44 (0)20 3405 0205 
 Rebecca Sanders-Hewett                somero@almapr.co.uk 
 Susie Hudson 
 Sam Modlin 
 David Ison

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May 22, 2020 12:30 ET (16:30 GMT)

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