Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

T42 IOT TRACKING SOLUTIONS PLC Board/Management Information 2015

Aug 3, 2015

7945_rns_2015-08-03_de175459-8702-4d0c-9917-b8ef726b6a9d.html

Board/Management Information

Open in viewer

Opens in your device viewer

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 8103U

Starcom PLC

03 August 2015

3 August 2015

Starcom Systems Plc

("Starcom" or the "Company")

Directorate Change

Starcom (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets and people, is pleased to announce the appointment of Mr Avi Engel as a Non-Executive Director of the Company with effect from 1August 2015

Avi Engel has over 25 years of public company experience and was previously (2002-2014) the CEO of the AIM listed Pilat Media Global plc, a leading London based supplier of business management software systems for broadcasters and TV service providers around the world. Avi founded Pilat Media as a subsidiary of Pilat Technologies International, also an AIM-listed company where Avi had been serving as CEO. Mr Engel led Pilat Media through its demerger from Pilat Technologies International, its dual listing on AIM and the TASE, several fundraisings, two acquisitions and finally its sale to SintecMedia in 2014 for over US$100 million. Mr Engel holds a B.Sc. in Industrial and Management Engineering from the Haifa Technion and an MBA from Tel Aviv University.

Avi Engel currently holds, and has held during the five years preceding the date of this announcement the following directorships, other than of the Company:

Current Directorships Directorships held within the previous five years
Pilat Media Global Plc

Pilat Media Limited

Pilat Media Australia Pty Limited

Pilat Media North America Inc

Pilat Media B.V.

Pilat Media (Israel) Ltd

OTTilus Limited

Orad Hi-Tech Systems Limited

Mr Engel does not currently hold any shares with voting rights in the Company. Mr Engel will be granted options over 1,000,000 Starcom shares with no par value at an exercise price of 7p per share, vesting equally over three years.

No further information relating to Mr Avraham Engel (aged 62) is required to be disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules.

"I am delighted to welcome Avi Engel to the board of Starcom. He brings to the board a wealth of experience in developing new markets globally and an in depth understanding of the challenges which face small companies operating across many territories particularly in the software and related industries. In addition he has hands on experience with regard to the regulatory framework of AIM listed companies."

For further information please contact:
Starcom plc Northland Capital

(Nomad)
Northland Capital

(Broking)
Leander (Financial PR)
Michael Rosenberg

Avi Hartmann
Edward Hutton

David Hignell
John Howes

Abigail Wayne
Christian Taylor-Wilkinson
Tel:  07785 727595

       +972 543070103
Tel: 020 7382 1100 Tel: 020 7382 1100 Tel: 07795 168 157

-ends-

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOAEAEPAEAKSEFF