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Audit Tender Outcome

23 Nov 2018 09:00

RNS Number : 3382I
Low & Bonar PLC
23 November 2018
 

LEI213800CALFKOEL7N7P10

Low & Bonar PLC

Audit Tender Outcome 

Low & Bonar PLC ("Low & Bonar" or the "Company") announces that, following the conclusion of a formal audit tender process led by the Company's Audit Committee, the Low & Bonar Board have approved the proposed appointment of Ernst & Young LLP ("EY") as auditor.

Following completion of the audit of the Low & Bonar Annual Report and Accounts for the 2017/18 financial year by KPMG LLP, EY will be appointed as auditor subject to approval by shareholders at the Annual General Meeting in 2019.

Low & Bonar, EY and KPMG LLP will commence transition planning immediately to ensure a smooth migration during 2018/19.

For further information, please contact:

Low & Bonar PLC

020 7535 3180

Philip de Klerk, Group Chief Executive Officer

Simon Webb, Group Chief Financial Officer

 

Instinctif Partners

020 7457 2020

Matthew Smallwood

Rosie Driscoll

 

 

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