Ingenious Ent VCT 1 Statement re Change of Auditor

 
TIDMIE1G 
 
 

20 November 2017

Ingenious Entertainment VCT 1 plc (the Company)

CHANGE OF AUDITOR

In accordance with section 520(2) of the Companies Act 2006, a communication will shortly be sent to shareholders of the Company for information only in relation to the statutory statement received from Grant Thornton UK LLP (Grant Thornton) in connection with its resignation as the Company's auditor. The reason for the resignation of Grant Thornton was that as part of a cost cutting exercise the Company has chosen another firm as auditors at a lower fee than Grant Thornton for their audit for the year ended 31 December 2017.

A copy of the section 519 statement of reasons provided by Grant Thornton is available to view on the Company's website, please paste the URL below into the address bar of your web browser.

http://www.ingeniousvcts.co.uk/websitefiles/statement_of_reasons_-_vct_1_20112017162050.pdf

The Company announces that the Board will shortly appoint BDO LLP to fill the vacancy as auditor of the Company.

A copy of the resignation letter received from Grant Thornton UK LLP has been filed with the Registrar of Companies.

Enquiries to:

Sarah Cruickshank

Company Secretary

Ingenious Entertainment VCT 1 plc

15 Golden Square

London

W1F 9JG

Tel: [phone]

Powerscourt Group

Theo Crutcher

Tel: [phone]

[e-mail]

LEI: 213800MVU2KIJBTH4E22

Classification: 3.1. Additional regulated information required to be disclosed under the laws of a Member State

View source version on businesswire.com: http://www.businesswire.com/news/home/20171120005898/en/

 
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(END) Dow Jones Newswires

November 20, 2017 13:15 ET (18:15 GMT)