Vectura Group plc External audit tender process concluded (7233C)
April 19 2017 - 5:24AM
UK Regulatory
TIDMVEC
RNS Number : 7233C
Vectura Group plc
19 April 2017
Vectura Group plc
External audit tender process successfully concluded
Chippenham, UK - 19 April 2017: Vectura Group plc (LSE: VEC)
("Vectura"), an industry-leading device and formulation business
for inhaled airways products, announces the successful conclusion
of a tender process for the provision of its external audit
starting from the 2017 financial year.
As a result, a proposal will be made to shareholders at the 2017
Annual General Meeting being held on 25 May 2017 to appoint KPMG
LLP as external auditor.
This proposal is the result of a competitive process undertaken
by the Audit Committee, as anticipated in its report in the
Company's Annual Report and Accounts for the year ended 31 March
2016, concluding with a recommendation approved by the Board.
Deloitte had been the external auditor since 2007. Further details
of the tender process are included in the Company's Report and
Accounts for the period ended 31 December 2016 which will be sent
to shareholders on 24 April 2017.
- Ends -
Enquiries
Vectura Group plc +44 (0)1249 667700
Andrew Derodra - Chief Financial Officer
Fleur Wood - Director Communications
Elizabeth Knowles - Director Investor Relations and Analysis
John Murphy - Company Secretary
Consilium Strategic Communications +44 (0)20 3709 5700
Mary-Jane Elliot / Sue Stuart / Jessica Hodgson
About Vectura
Vectura, a FTSE250 company listed on the London Stock Exchange
(LSE: VEC), is an industry-leading device and formulation business
for inhaled airways products offering a uniquely integrated inhaled
drug delivery platform. With our extensive range of device and
formulation technologies, integrated capabilities and
collaborations, we are a leader in the development of inhalation
products, increasing our ability to help patients suffering from
respiratory diseases.
Vectura has seven inhaled, four non-inhaled and ten oral
products marketed by partners with growing global royalty streams,
and a portfolio of drugs in clinical development, a number of which
have licence agreements with several global pharmaceutical and
biotechnology companies including Hikma, Novartis, Sandoz,
Mundipharma, Kyorin, Baxter, GSK, UCB, Ablynx, Grifols, Bayer,
Chiesi, Almirall, Janssen, and Tianjin KingYork.
For further information, please visit Vectura's website at
www.vectura.com
This information is provided by RNS
The company news service from the London Stock Exchange
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