Holding in Company & Change of Auditor

RNS Number : 4102G

Aeorema Communications Plc

07 May 2014

 



Aeorema Communications plc ("Aeorema" or "the Company")

Holding in Company & Change of Auditor

Aeorema Communications plc, the AIM-traded live events and communications agency, was informed on 6 May 2014 that, on that date, the H&T Clients Charitable Trust sold a total of 100,000 ordinary shares in the Company at a price of 84p each. Following the sale, the H&T Clients Charitable Trust is interested in 161,250 ordinary shares in the Company representing approximately 1.87% of the issued share capital.

Gary Fitzpatrick, CEO, commented, "As highlighted by recent contract wins, Aeorema's reputation as providers of innovative live events and solutions continues to strengthen.  Our share price has improved accordingly and with this in mind, we are pleased that a number of charities will benefit from this share sale."

Mr. Stephen Garbutta (Non-Executive Director of the Company) is a partner of Harris & Trotter LLP and as such has a non-beneficial indirect interest in the resultant shareholding. 

In addition the Company announces that, following a statutory statement received from Baker Tilly Audit Limited in connection with its resignation as auditor with effect from 31^st March 2014, the directors of the Company have made the decision to appoint Baker Tilly UK Audit LLP as auditor of the Company. Baker Tilly UK Audit LLP will be eligible for appointment as auditor of the Company at its next annual general meeting.

** ENDS **

For further information visit www.aeorema.com or contact:

Gary Fitzpatrick	Aeorema Communications plc	Tel: [phone]
Mark Percy	Cantor Fitzgerald Europe	Tel: [phone]
Catherine Leftley	Cantor Fitzgerald Europe	Tel: [phone]
Elisabeth Cowell	St Brides Media & Finance Ltd	Tel: [phone]

 

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