Bunzl PLC Outcome of audit tender process (8402F)
July 13 2023 - 1:00AM
UK Regulatory
TIDMBNZL
RNS Number : 8402F
Bunzl PLC
13 July 2023
13 July 2023
OUTCOME OF AUDIT TENDER PROCESS
Following the successful completion of a formal and competitive
tender process, overseen by the Audit Committee, Bunzl plc (the
"Company") announces that the Board has approved the re-appointment
of PricewaterhouseCoopers LLP ("PwC") as the Company's statutory
auditor for the 2024 financial year. The re-appointment is subject
to shareholder approval at the Company's 2024 Annual General
Meeting ("AGM"). PwC's re-appointment as auditor for the 2023
financial year was approved by shareholders at the Company's AGM in
April 2023.
As a UK public interest entity, Bunzl plc is required to put the
external audit contract out to tender every 10 years and rotate
auditor every 20 years. In the 2022 Annual Report it was stated
that the Company intended to carry out an audit tender process in
2023, given PwC was initially appointed in 2014.
Further details of the audit tender process and evaluation
criteria will be included in the Company's 2023 Annual Report.
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END
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