Somero Enterprises Inc. Annual Report Correction - Replacement (8175N)
May 26 2020 - 1:00AM
UK Regulatory
TIDMSOM
RNS Number : 8175N
Somero Enterprises Inc.
26 May 2020
This announcement replaces the one issued at 17:30 on 22/05/2020
RNS number 8109N. The words "disclosure of" have been added for
clarity. All other information remains unchanged.
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
disclosure of 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
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END
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