adept4 plc Extension of Audit Partner Tenure (9302T)

TIDMAD4

RNS Number : 9302T

adept4 plc

19 November 2019

19 November 2019

Adept4 plc

("Adept4", or the "Group")

Extension of audit partner's tenure

Andrew Bond of Nexia Smith & Williamson has acted as Senior Statutory Auditor of Adept4, the AIM listed provider of 'IT as a Service', for a period of five years, his tenure commencing in the financial year ended 30 September 2014.

The Group's Audit Committee informs Adept4 shareholders that it has sought, and received, the approval of Nexia Smith & Williamson to extend Mr Bond's tenure for one year beyond the five years normally permitted by the Financial Reporting Council's Ethical Standard ("the Ethical Standard"). This extension has been granted in the interests of maintaining audit quality and continuity following the acquisition of CloudCoCo Limited on 21 October 2019. This extension is permitted under the Ethical Standard and will enable Mr Bond to sign the auditor's report on the financial statements for the year ended 30 September 2019.

For further enquiries please contact:

 
Adept4 plc 
 Simon Duckworth, Non-Executive Chairman   01925 398 255 
 
  N+1 Singer (Nominated Adviser and 
  Broker) 
  Peter Steel / Ben Farrow                   020 7496 3000 
 
  MXC Capital Markets LLP 
  Charlotte Stranner                         020 7965 8149 
 

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November 19, 2019 07:18 ET (12:18 GMT)