Acal PLC Notification of Change of Auditor (6297Q)
13 September 2017 - 10:36AM
UK Regulatory
TIDMACL
RNS Number : 6297Q
Acal PLC
13 September 2017
13 September 2017
Acal plc
NOTIFICATION OF CHANGE OF AUDITOR
Acal plc (LSE:ACL, the "Company") announces that, following a
competitive tender process led by the Company's Audit Committee,
the Board has approved the appointment of PricewaterhouseCoopers
LLP ("PwC") as the Group's auditor for the financial year ending 31
March 2018. The reappointment of PwC will be subject to approval by
shareholders at the Company's annual general meeting in July 2018.
Ernst & Young LLP ("EY") has resigned as Group auditor with
effect from 13 September 2017.
A description of the tender process will be included in the
report and accounts for the year ended 31 March 2018. The Board of
Acal plc extends its appreciation to EY for their contribution over
the past 13 years.
For further information please contact:
Joanna Harkus Madge
Group Company Secretary
Tel: 01483 544500
Notes to Editors:
About Acal plc
Acal is a leading international supplier of customised
electronics to industry. It designs, manufactures and distributes
customer-specific electronic products and solutions to 25,000
industrial manufacturers. Acal is listed on the London Stock
Exchange (LSE: ACL).
Acal has two divisions: Design & Manufacturing and Custom
Distribution. The majority of its sales come from products and
solutions which are created specifically for a customer. Acal works
across a range of technologies, namely Communications &
Sensors, Power & Magnetics, Electromechanical & Cabling,
Microsystems, and Imaging & Photonics.
Acal operates through the following wholly-owned businesses:
Acal BFi, Contour, Flux, Foss, Hectronic, MTC, Myrra, Noratel,
Plitron, RSG, Stortech, Variohm and Vertec. It has operating
companies and manufacturing facilities in a number of markets
including the UK, Germany, France, the Nordic region, Benelux,
Italy, Poland and Slovakia as well as in Asia (China, India, South
Korea, Sri Lanka and Thailand), North America (the US and Canada)
and South Africa.
This information is provided by RNS
The company news service from the London Stock Exchange
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September 13, 2017 05:36 ET (09:36 GMT)