Starcom PLC Update Re Auditor (5370E)
July 04 2019 - 6:23AM
UK Regulatory
TIDMSTAR
RNS Number : 5370E
Starcom PLC
04 July 2019
4 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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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