Auction Technology Group Regulatory News (ATG)

5 June 2023

Auction Technology Group plc

(the "Company" or "ATG")

Outcome of audit tender process

Following a competitive tender process led by the Audit Committee, the Board announces its intention to recommend to shareholders for approval at the Company's Annual General Meeting in January 2024 the appointment of Ernst & Young LLP ("EY") as auditor of the Company for the financial year ending 30 September 2024.

Deloitte LLP ("Deloitte"), the Company's current auditor, will step down following completion of the audit of the financial year ending 30 September 2023. A formal handover process will be undertaken to ensure a smooth and effective transition from Deloitte to EY.

The Board would like to thank Deloitte for their service and support as the Group's auditors since their appointment. We look forward to working with EY in the future.

Further details of the audit tender process and evaluation criteria will be included in our FY 23 Annual Report, which is due to be published in December 2023. 

About Auction Technology Group plc

Auction Technology Group plc ("ATG") is the operator of world leading marketplaces and auction services for curated online auctions, seamlessly connecting bidders from around the world to over 3,800 trusted auction houses across two major sectors: Industrial & Commercial ("I&C") and Art & Antiques ("A&A").

The Group powers eight online marketplaces and listing sites using its proprietary auction platform technology, hosting in excess of 70,000 live and timed auctions each year. ATG has been supporting the auction industry since 1971 and the Company has offices in the UK, US and Germany.

LEI: 213800U8Q9K2XI3WRE39

Enquiries

ATG

For investor enquiries investorrelations@auctiontechnologygroup.com

Company Secretary cosec@auctiontechnologygroup.com

Teneo Communications +44 207 353 4200

(Public relations advisor to ATG) ATG@teneo.com

Tom Murray, Matt Low, Arthur Rogers