Lsl Prop Regulatory News (LSL)

LSL Property Services plc (LSL)

LSL Full Year Results release date

On the 15 March, LSL's auditor, Ernst & Young LLP (EY), informed the LSL Board, that due to an unanticipated absence of the senior statutory auditor responsible for signing the LSL accounts, the senior statutory auditor will not be available to complete the audit process of LSL's 31 December 2022 financials, which were due to be released on 22 March, as set out in our notification of Full Year results on 3 March.

EY has confirmed that prior to this absence, all audit procedures were progressing satisfactorily to achieve the planned release date of 22 March and has apologised unreservedly to the Chair of the LSL Audit & Risk Committee for this delay.

As a result, due to this issue outside of LSL's control, the release of our preliminary results will be delayed. EY and LSL are currently working through the onboarding process of a new senior statutory auditor and a new proposed audit close timetable which will be completed as soon as practicable. Once this process is complete, we will communicate the revised preliminary release date.

The Board of LSL emphasises that this delay is not because of any concerns relating to the 2022 financial statements.

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