Change of auditors
In the Company’s Notice of Annual General Meeting, the Board advised shareholders that the Audit Committee would be undertaking a formal review of the Group’s auditors.
The Audit Committee have been pleased with the service provided by the auditors but, after eight years, and with the current audit partner required to rotate this year, the Board considered that this was an appropriate time for a formal review.
As a result of this formal tender process, the Board has appointed KPMG LLP as the Group’s auditors with effect from 19 June 2015. The reappointment of KPMG will be subject to shareholder approval at the 2016 Annual General Meeting.