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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July 04, 2019 07:23 ET (11:23 GMT)

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