Amerisur Resources PLC Change of auditor (7084W)
August 03 2018 - 1:01AM
UK Regulatory
TIDMAMER
RNS Number : 7084W
Amerisur Resources PLC
03 August 2018
3 August 2018
Amerisur Resources Plc ("Amerisur" or the "Company")
Change of Auditor
Amerisur Resources Plc, the oil and gas producer and explorer
focused on South America, announces that it has appointed BDO LLP
as its auditor following a competitive tender process.
The Audit Committee report in Amerisur's 2017 Annual Report
indicated that the Company was likely to tender the audit
appointment in light of the long tenure of Grant Thornton, who has
been auditor to the Company since 2002. The Audit Committee have
conducted a competitive tender in line with best practice
guidelines and the Board have approved the Committee's
recommendation to appoint BDO LLP, which has a leading mid-market
oil and gas audit practice. Further details of the tender process,
for which the primary objective was to secure the ongoing provision
of a high quality audit service, will be given in the 2018 Annual
Report.
BDO LLP will act as auditor for the year ending 31 December
2018. The appointment of BDO LLP as auditor for the following
financial year will be subject to approval by shareholders at the
next Annual General Meeting of the Company to be held in 2019.
Grant Thornton, who did not participate in the tender, has
confirmed that there are no circumstances connected with its
resignation which it considers should be brought to the attention
of members or creditors of the Company.
The Company records its appreciation of the services of Grant
Thornton as auditor over many years.
ENDS
Enquiries:
Nick Harrison, CFO Tel: +44 (0)330 333 8246
Amerisur Resources
Billy Clegg / Georgia Edmonds Tel: +44 (0)203 757 4980
/ Kimberley Taylor
Camarco
Callum Stewart / Nicholas Rhodes Tel: +44 (0)20 7710 7600
/ Ashton Clanfield
Stifel Nicolaus Europe Limited
Chris Sim / Alexander Ruffman Tel: +44 (0)207 597 4000
Investec
Paul Shackleton / Dan Gee-Summons Tel: +44 (0)20 7614 5900
Arden Partners plc
Inside Information
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END
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