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Audit Tender Outcome

23rd Nov 2018 09:00

RNS Number : 3382I
Low & Bonar PLC
23 November 2018
 

LEI213800CALFKOEL7N7P10

Low & Bonar PLC

Audit Tender Outcome 

Low & Bonar PLC ("Low & Bonar" or the "Company") announces that, following the conclusion of a formal audit tender process led by the Company's Audit Committee, the Low & Bonar Board have approved the proposed appointment of Ernst & Young LLP ("EY") as auditor.

Following completion of the audit of the Low & Bonar Annual Report and Accounts for the 2017/18 financial year by KPMG LLP, EY will be appointed as auditor subject to approval by shareholders at the Annual General Meeting in 2019.

Low & Bonar, EY and KPMG LLP will commence transition planning immediately to ensure a smooth migration during 2018/19.

For further information, please contact:

Low & Bonar PLC

020 7535 3180

Philip de Klerk, Group Chief Executive Officer

Simon Webb, Group Chief Financial Officer

 

Instinctif Partners

020 7457 2020

Matthew Smallwood

Rosie Driscoll

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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