Starcom PLC Appointment of CFO - replacement (3647P)
August 30 2017 - 12:23PM
UK Regulatory
TIDMSTAR
RNS Number : 3647P
Starcom PLC
30 August 2017
30 August 2017
The announcement below submitted under RNS Number: 2337P now
states that Mr Hermolin was CFO of the principal operating
subsidiary of DekelOil Public Limited, an AIM listed palm oil
production company.
All other details remain unchanged.
The full amended text is shown below.
Starcom Plc
("Starcom", "the Group" or "the Company")
Appointment of New Chief Financial Officer
The board of Starcom is pleased to announce that Mr. Golan
Hermolin has been appointed as Chief Financial Officer of Starcom
with immediate effect. It has become increasingly clear, in view of
the expected growth in the business, that the Group now requires a
full time CFO. Mr Shenig, the Group's current CFO, felt unable to
provide his services on such a basis due to other demands on his
time. He will therefore resign from the board with effect from 30
September but will continue to perform his role through this
transitional period. Mr. Hermolin will not be appointed to the
board of Starcom at this time.
Michael Rosenberg, Chairman of Starcom, commented, "We thank Udi
for his valuable contribution to the Group and wish him well for
the future."
Mr Hermolin (aged 49) is a CPA and has a degree in Business and
Accounting from the University of Tel Aviv. He began his career in
1998 working as a Chief Project Officer for Jaffa Municipalities in
Tel Aviv, before moving to KPMG where he worked as a senior
associate and Supervisor. He then became Group Financial Controller
at Opticana Group, where he was responsible for all IFRS reporting
to the board. From 2014 until July 2017, he was CFO of of the
principal operating subsidiary DekelOil Public Limited, an AIM
listed palm oil production company.
-ends-
This announcement contains inside information.
For further information, please contact:
Starcom Plc
Michael Rosenberg, Chairman 07785 727 595
Avi Hartmann, CEO +972 5430 70103
+972 3619 9901
Northland Capital Partners Limited (Nominated Adviser and Broker) 020 3861 6625
Edward Hutton / David Hignell (Corporate Finance)
John Howes (Sales and Broking)
Peterhouse Corporate Finance (Joint Broker) 020 7469 0930
Lucy Williams / Charles Goodfellow / Eran Zucker
Leander PR (Financial PR) 020 7520 9267
Christian Taylor-Wilkinson 07795 168 15
This information is provided by RNS
The company news service from the London Stock Exchange
END
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