Last checked at 29 Sep 2014 10:30
29 September 2014
Safestore Holdings plc
("Safestore" or "the Company")
Change of Auditor
Safestore announces that, in line with best practice, the Group audit was recently put out to tender and the Board has appointed Deloitte LLP as auditor.
The change of auditor follows a recommendation by the Audit Committee to the Board based on a formal tender process. The background for the tender of the audit contract is set out in the Audit Committee Report contained in the Company's Annual Report for the financial year ended 31 October 2013.
PricewaterhouseCoopers LLP ("PwC") has been the Group's auditor since 2003 and the Board would like to thank PwC for its years of service to the Company.
For further information, please contact:
Safestore Holdings plc
Sam Ahmed, Company Secretary Tel: 020 8732 1500
About Safestore:
· Safestore is the UK's largest self storage group with 134 stores. They include 97 wholly owned stores in the UK and 25 wholly owned stores in the Paris region together with 12 stores under management in the UK. |
· The Company provides storage to around 46,000 personal and business customers. |
· Safestore (excluding Space Maker) has a maximum lettable area ("MLA") of 5.08 million sq. ft. (including the expansion pipeline stores) of which 3.48 million sq. ft. is currently occupied. |
· Safestore employs around 550 people. |