Maintel Holdings PLC Results of the Audit Tender Process (9246F)
October 31 2018 - 10:56AM
UK Regulatory
TIDMMAI
RNS Number : 9246F
Maintel Holdings PLC
31 October 2018
Maintel Holdings Plc
(The "Company" or the "Group")
Results of the Audit Tender Process
The Company announces that, following a competitive tender
process for its statutory audit contract led by the Company's Audit
& Risk Committee, the Board of Directors has approved the
appointment of RSM LLP ("RSM") as auditor of the Group for the
financial year ending 31 December 2019, subject to shareholder
approval. A resolution to approve their appointment will be put to
shareholders at the Company's AGM in May 2019. BDO LLP, the
Company's current auditor, will remain in post until then and will
undertake the audit of the Group's financial statements for the
2018 financial year.
The Company stated its intention to tender the audit in the
Group's Interim Financial Statement issued on 10 September
2018.
The Board would like to thank all the firms that participated in
the tender process but, more significantly, BDO LLP and the various
partners, managers and audit team members who have served the
Company so well as the Group's auditors over the past 14 years.
31 October 2018
For further information please contact:
Mark Townsend, Chief Financial Officer 020 7401 4663
Nicholas Taylor, Chairman of the
Audit & Risk Committee 020 3397 8252
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END
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