Last checked at 15 Dec 2022 15:23
15 December 2022
Technology Minerals Plc
("Technology Minerals" or the "Company")
Appointment of Auditor
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce that following a competitive tender process, PKF Littlejohn LLP ("PKF") has been appointed as the Company's new auditor with immediate effect.
RESOLUTIONS 12 - 13 - AUDITORS
On 1 December 2022, after the Notice of the AGM had been sent to shareholders on 25 November 2022, Jeffreys Henry LLP gave written notice to the Company of their resignation as the auditors of the Company. Jeffreys Henry certified that there are no circumstances connected with their resignation which they consider should be brought to the attention of the Company's members or creditors and stated that they resigned because they had decided not to register as an auditor eligible to undertake audits of public interest entity companies.
Following a selection process, the Audit Committee recommended to the Board of Directors that PKF Littlejohn LLP be appointed as Auditors. On 6 December 2022, the Directors accepted that recommendation, and resolved to appoint PKF as the Auditors of the Company to fill the vacancy in the office of auditor pursuant to s. 489 (3) (c) of the Companies Act 2006.
Resolutions 12 and 13 of the Resolutions set out in the Notice of this Annual General Meeting propose that Jeffreys Henry LLP be re-appointed as auditors of the Company and that directors be authorised to determine the remuneration of the auditors. As these resolutions are clearly no longer appropriate, and as announced in this RNS, these Resolutions are withdrawn.
The shareholders will be asked to consider re-appointment of auditors at the next Annual General Meeting.
Enquiries
Technology Minerals Plc | |
Robin Brundle, Executive Chairman Alex Stanbury, Chief Executive Officer | +44 (0)20 4582 3500 |
Oberon Investments Limited | |
Nick Lovering, Adam Pollock | +44 (0)20 3179 0535 |
Arden Partners Plc | |
Ruari McGirr | +44 (0)207 614 5900 |
Gracechurch Group | |
Harry Chathli, Alexis Gore, William Dobinson | +44 (0)20 4582 3500 |
About Technology Minerals Plc
Technology Minerals is developing the UK's first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. With the increasing global demand for battery metals to supply electrification, the group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available at www.technologyminerals.co.uk