CyanConnode Holdings - Change of Auditor and Financial Year End
("CyanConnode" or the "Company")
Change of Auditor and Financial Year End
CyanConnode (AIM: CYAN), a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, is pleased to announce that
The QCA Corporate Governance Code recommends that the Audit Committee reviews the length of tenure of their external audit firm and when the audit contract should be put out to tender. As no tenders have been carried out since 2003, the Audit Committee felt it appropriate for one to be carried out.
Following this tender process and Board review,
As part of continued operational efficiency and cost management, the Audit Committee has reviewed the alignment of the Company's financial year end with that of its Indian subsidiary,
Therefore, the Group's next three financial reporting events will be as follows:
(i) Publication of unaudited interim accounts for the six-month period ended
(ii) Publication of audited accounts for the fifteen-month period ended
(iii) Publication of unaudited interim accounts for the six months ended
- Ends -
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Tel: +44 (0) 1223 225 060
Arden Partners Plc (Nomad and Broker)
Tel: +44 (0) 20 7614 5900
Yellow Jersey PR (Financial PR)
Tel: +44(0) 20 3004 9512
CyanConnode (AIM:CYAN.L), is a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, which are used for machine to machine (M2M) communication. As well as being self-forming and self-healing, CyanConnode's RF Smart Mesh Networks are designed for rapid deployment, whilst giving exceptional performance and competitive total cost of ownership.
Through a Global partner eco-system, which is vendor agnostic, CyanConnode has several routes to market, therefore it is well positioned to capitalise upon increasing Global demand for smart metering solutions.
For more information, please visit www.cyanconnode.com.
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
This information is provided by RNS, the news service of the
Quick facts: CyanConnode Holdings PLC
Market Cap: £3.56 m
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