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14 Feb 2024 07:00
14 February 2024
DG Innovate plc
("DG Innovate" or the "Company")
Change of Auditor
DG Innovate (LSE: DGI), the advanced research and development company developing pioneering solutions in sustainable mobility and energy storage, announces the appointment of PKF Littlejohn LLP ("PKF") as the Company's new auditor for the year ended 31 December 2023. The appointment of PKF remains subject to approval by shareholders at the next Annual General Meeting of the Company.
The appointment of PKF follows the resignation of Moore Kingston Smith LLP as auditors to the Company. In accordance with Section 519 of the Companies Act 2006 Moore Kingston Smith LLP has deposited with the Company a statement confirming that there are no matters in connection with them ceasing to hold office as auditor that should be brought to the attention of the Company's members or creditors.
For further information please contact:
DG Innovate plc | C/O IFC |
Peter Bardenfleth- Hansen (CEO) Jack Allardyce (CFO) | |
IFC Advisory (Investor Relations) | 020 3934 6630 |
Tim Metcalfe Zach Cohen | |
FGS Global (Public Relations) | 020 7251 3801 |
Rollo Head Gordon Simpson Alessandro M Rubin | |
Grant Thornton UK LLP (Financial Adviser) | 020 7383 5100 |
Samantha Harrison Jamie Barklem Ciara Donnelly | ? |
Cavendish Capital Markets Limited (Corporate Broker) | 020 7220 0500 |
Adrian Hadden / George Lawson (Corporate Finance) Michael Johnson (Sales)
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About DG Innovate
DG Innovate is an advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and the best engineering and scientific practices. DG Innovate is currently developing its products alongside a number of major manufacturers across the transportation and energy sectors, research institutions and the UK Government, and has filed numerous patents worldwide. DG Innovate's current research and development activities are broadly split into two areas, focusing on novel electric motor technologies and energy storage solutions. Its two main products are:
- Enhanced Drive Technology (EDT) - High efficiency, cost-effective electric motors + power electronics; and
- Enhanced Battery Technology (EBT) - Sodium-ion batteries offering a sustainable energy storage solution at similar/greater energy density to incumbent technologies at a lower cost, increased safety with lower environmental footprint.
Further information may be found at: https://www.dgiplc.com
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