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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Johnson Service Group Plc | LSE:JSG | London | Ordinary Share | GB0004762810 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-3.20 | -2.44% | 128.00 | 128.20 | 128.80 | 133.60 | 127.60 | 131.00 | 638,436 | 16:35:12 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Services, Nec | 465.3M | 27.3M | 0.0659 | 19.45 | 531.28M |
TIDMJSG
RNS Number : 3922G
Johnson Service Group PLC
25 November 2020
25 November 2020
AIM: JSG
Johnson Service Group PLC
("JSG" or "the Company")
Change of Auditor from 2021
JSG, a leading UK textile services provider, announces that, following the conclusion of a formal competitive tender process conducted by its Audit Committee, the Board has approved the proposed appointment of Grant Thornton UK LLP ("Grant Thornton") as its external auditor to take effect from, and including, the financial year ending 31 December 2021.
The appointment of Grant Thornton as auditor is subject to approval by shareholders at the next Annual General Meeting of the Company to be held in 2021 (the "2021 AGM"). PricewaterhouseCoopers LLP ("PwC") will continue in its role as external auditor to the Company for the current financial year ending 31 December 2020. PwC were not invited to participate in the tender due to the length of its current appointment. In order to separate external audit and tax advisory services, the Board is retaining PwC as tax advisors. Further disclosure on the formal competitive tender process will be set out in JSG's 2020 Annual Report.
Chris Girling, Chair of JSG's Audit Committee, said:
"We would like to thank PwC for its significant contribution as auditor of the Company over the past years. Subject to shareholder approval at the 2021 AGM, we look forward to working with Grant Thornton in the future."
ENQUIRIES:
Johnson Service Group PLC Peter Egan, CEO Yvonne Monaghan, CFO Tel: 01928 704600 Investec Investment Banking (NOMAD) Camarco (Financial PR) David Flin Ginny Pullbrook Carlton Nelson Ben Woodford Oliver Head Tel: 020 7597 5970 Tel: 020 3757 4992
Johnson Service Group PLC
www.jsg.com
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(END) Dow Jones Newswires
November 25, 2020 02:00 ET (07:00 GMT)
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