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Pin to quick picksMaintel Regulatory News (MAI)

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Results of the Audit Tender Process

31 Oct 2018 15:56

RNS Number : 9246F
Maintel Holdings PLC
31 October 2018
 

Maintel Holdings Plc

(The "Company" or the "Group") 

Results of the Audit Tender Process

The Company announces that, following a competitive tender process for its statutory audit contract led by the Company's Audit & Risk Committee, the Board of Directors has approved the appointment of RSM LLP ("RSM") as auditor of the Group for the financial year ending 31 December 2019, subject to shareholder approval. A resolution to approve their appointment will be put to shareholders at the Company's AGM in May 2019. BDO LLP, the Company's current auditor, will remain in post until then and will undertake the audit of the Group's financial statements for the 2018 financial year.

The Company stated its intention to tender the audit in the Group's Interim Financial Statement issued on 10 September 2018.

The Board would like to thank all the firms that participated in the tender process but, more significantly, BDO LLP and the various partners, managers and audit team members who have served the Company so well as the Group's auditors over the past 14 years.

 

31 October 2018

 

For further information please contact:

 

 

Mark Townsend, Chief Financial Officer

Nicholas Taylor, Chairman of the Audit & Risk Committee

020 7401 4663

 

020 3397 8252

 

 

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 rns@lseg.com or visit www.rns.com.
 
END
 
 
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