Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. With the publication of this announcement, this information is now considered to be in the public domain.
NOTIFICATION BY AUDITOR
Dublin, Ireland – 4 September 2019: Datalex plc (‘the Company”) (Euronext Dublin: DLE), notes that Ernst & Young, the Company’s auditor, has notified the Registrar of Companies under section 392 of the Companies Act 2014 (the ”Act”) that it has formed the opinion that the Company has failed to comply with the requirements of sections 281 and 282 of the Act to keep adequate accounting records in 2018.
The Company takes its legal and corporate governance responsibilities very seriously and seeks to comply at all times with all relevant laws and regulations. The Company has expended significant effort over the course of 2019 in the taking of corrective actions to address the shortcomings identified by the independent review of accounting issues (conducted by PwC in conjunction with the Company’s legal advisers) that was the subject of the Company’s announcement on 27 March 2019. The Board is satisfied that, while it continues to assess the Group’s material risks and effectiveness of its internal controls, it has taken all appropriate immediate action. Further detail will be included in the Company’s financial statements for 2018 which the Company expects to publish very soon.
About Datalex Datalex is a market leader in digital commerce for travel retail. The Datalex Digital Commerce Platform provides airlines with a unique solution to drive revenue and profit as digital retailers. Today the platform enables a travel marketplace of over one billion shoppers covering every corner of the globe, driven by some of the world’s most innovative airline retail brands. Datalex’s customers include, Air China, JetBlue Airways, Hainan Group, SAS, Swiss International Air Lines, Lufthansa Group, Philippine Airlines, Aer Lingus, Brussels Airlines, Air Transat, Air Malta, Multiplus, STA Travel and Trailfinders. The company is headquartered in Dublin, Ireland, and maintains offices across Europe, the USA and China. Datalex is a publicly listed company on Euronext Dublin (DLE). Learn more at www.datalex.com or follow on twitter @Datalex.
This announcement contains inside information.
This announcement contains certain forward-looking statements. Actual results may differ materially from those projected or implied in such forward-looking statements. Such forward-looking information involves risks and uncertainties that could significantly affect expected results. Datalex undertakes no obligation to update any forward-looking statements.
Statements contained in this announcement are based on the knowledge and information available to the Board at the date it was prepared and therefore facts stated and views expressed may change after that date
Investor Enquiries Media Enquiries
Sean Corkery Michael Moriarty Datalex plc Fleishman Hillard +353 1 806 3500 +353 87 2432 550 [email protected] [email protected]