Zegona to appoint KPMG as auditor

RNS Number : 6523P

Zegona Communications PLC

21 November 2016

 

ZEGONA COMMUNICATIONS PLC ("Zegona")

Zegona to appoint KPMG as auditor

21^st November 2016

Zegona, the LSE Main Market company established to acquire and operate businesses in the European Telecommunications, Media and Technology (''TMT'') sector, announces that KPMG LLP ("KPMG") has expressed its willingness to act as auditor in place of Deloitte LLP ("Deloitte"), who has resigned as auditor of the group. Deloitte, S.L. will continue in its role as auditor of Telecable, Zegona's operating business.

Eamonn O'Hare, Zegona's Chairman and CEO commented, "We are pleased to welcome KPMG as our group auditor.  We have been impressed with the quality of the KPMG team and their understanding of the journey we are on, and we will be working closely with them as we continue to grow and develop our business."

A copy of Deloitte's letter of resignation and statement of reasons is included as an appendix to this release.  Click on, or paste the following link into your web browser, to view the appendix:

http://www.rns-pdf.londonstockexchange.com/rns/6523P_-2016-11-20.pdf 

For further information:

Matt Ridsdale / Lulu Bridges / Mike Bartlett

Tavistock

Tel: [phone]

Notes to Editors:

About Zegona

Zegona was established with the objective of acquiring businesses in the European Telecommunications, Media and Technology sector with a 'Buy-Fix-Sell' strategy to deliver attractive shareholder returns. Zegona is listed on The London Stock Exchange's Main Market and is led by former Virgin Media executives Eamonn O'Hare and Robert Samuelson.

Zegona's first acquisition was the €640 million purchase of Telecable, the leading quad-play cable telecommunications operator in the Asturias region of Spain, which completed in August 2015.

This announcement includes inside information.Zegona Contact:

Robert Samuelson

Chief Operating Officer

Zegona Communications plc

20 Buckingham Street

London

WC2N 6EF

 

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