Last checked at 10 Apr 2024 12:14
10 April 2024
SThree plc
(the "Company")
Change of Auditor
A copy of the letter circulated to shareholders on 8 April 2024 concerning the 'statement of reasons' sent by PricewaterhouseCoopers LLP ("PwC"), as the outgoing auditor, to the Company on 27 March 2024, as required under section 519 of the Companies Act 2006, has been forwarded to the Financial Conduct Authority and will shortly be available for inspection on the National Storage Mechanism website at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Following the completion of a formal tender process for our Group External Audit, the Board is proposing the appointment of Ernst and Young LLP as the Group's auditor. PwC, who have been the Group's auditor since 2003 and did not participate in the tender process due to their tenure, will not be seeking re-appointment at the next Annual General Meeting of the Company. They will therefore cease to hold office as auditors at the conclusion of the Annual General Meeting on 25 April 2024.
The Statement confirm that there are no reasons for and no matters connected with them ceasing to hold office as auditors that they consider need to be brought to the attention of the Company's creditors or members.