Argentex Group PLC Extension of audit partner's tenure & audit tender (0190V)
April 12 2021 - 2:00AM
UK Regulatory
TIDMAGFX
RNS Number : 0190V
Argentex Group PLC
12 April 2021
12 April 2021
Argentex Group PLC
Extension of audit partner's tenure and audit tender
Argentex Group PLC, ("Argentex" or "the Group"), the provider of
foreign exchange services to institutions, corporates and high net
worth individuals, today informs shareholders that the Group's
Audit Committee has sought, and received, the approval of Nexia
Smith and Williamson to extend Guy Swarbreck's audit tenure beyond
the five years normally permitted by the Financial Reporting
Council's Ethical Standard ("the Ethical Standard"). This extension
is permitted under the Ethical Standard in the interests of
safeguarding audit quality following recent changes to the Group's
CFO and finance team. It will enable Mr Swarbreck to sign the
auditor's report on the financial statements for the year ending 31
March 2021.
The Audit Committee intends to conduct an audit tender to select
a firm to audit the Group's financial statements for the year
ending 31 March 2022.
-ENDS-
For further information please contact:
Harry Adams - CEO
Jo Stent - CFO
(Via FTI Consulting)
FTI Consulting (Financial PR)
Ed Berry, Shiv Talwar, Ambrose Fullalove
Telephone: 07703 330 199
argentex@fticonsulting.com
Numis Securities Limited (Nominated Adviser and Broker)
Stephen Westgate, Charlie Farquhar, Laura White, Hugo
Rubinstein
Telephone: +44 (0) 20 7260 1000
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END
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