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Change of Auditor

25 Sep 2012 07:00

RNS Number : 0195N
Stobart Group Limited
25 September 2012
 

 

 

25 September 2012

 

Stobart Group Limited

 

Change of Auditor

 

Stobart Group Limited ("the Company") announces that the Board has appointed KPMG Audit Plc ("KPMG") as auditor for the Company. Having engaged Ernst & Young LLP ("Ernst & Young") as the Company's auditor since 2002, the Board, on the recommendation of the Audit Committee, decided that it was appropriate to put the Company audit out to competitive tender. The tender process was initiated in May 2012 and following formal proposals and presentations from three firms, KPMG was successful in this process. Ernst & Young has consequently resigned as auditor of the Company.

 

Ends

 

 

 

Stobart Group

+44 1925 605 400

Ben Whawell, Chief Financial Officer

 

 

i-nfluence

+44 20 7287 9610

Stuart Dyble/James Andrew

 

 

Square1 Consulting

+44 20 7929 5599

David Bick/Mark Longson

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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