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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Law Debenture Corporation Plc | LSE:LWDB | London | Ordinary Share | GB0031429219 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -4.00 | -0.46% | 872.00 | 879.00 | 880.00 | 872.00 | 872.00 | 872.00 | 22,634 | 08:28:06 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Unit Inv Tr, Closed-end Mgmt | 133.36M | 75.15M | 0.5730 | 15.22 | 1.14B |
From May 2019 to May 2024
TIDMLWDB
RNS Number : 3362R
Law Debenture Corp PLC
20 September 2017
The Law Debenture Corporation p.l.c.
Fifth Floor
100 Wood Street
London
EC2V 7EX
Audit tender
The Audit Committee of The Law Debenture Corporation p.l.c. (the "Corporation") has initiated a competitive tender for the Corporation's audit for the year ending 31 December 2018 and beyond. The process will be conducted in accordance with the FRC's best practice guidelines and will be concluded in November 2017.
This announcement is being made because the Committee had previously stated, in its report to shareholders for the year ended 31 December 2016, that it expected to put the audit to tender in 2018, at which time the current auditors (BDO LLP) would have been in post 10 years.
The tender process is being conducted earlier than first indicated so that the forthcoming audit for the year ending 31 December 2017 can be conducted in a fully transparent and independent manner. It also means that shareholders will be able to appoint or reappoint an audit firm at the next AGM in the knowledge that the relevant firm would be able to accept the appointment with certainty.
20 September 2017
Contact Ian Bowden, Company Secretary, 020 7696 5285.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
September 20, 2017 10:31 ET (14:31 GMT)
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