Low & Bonar PLC Audit Tender Outcome (3382I)

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RNS Number : 3382I

Low & Bonar PLC

23 November 2018

LEI213800CALFKOEL7N7P10

Low & Bonar PLC

Audit Tender Outcome

Low & Bonar PLC ("Low & Bonar" or the "Company") announces that, following the conclusion of a formal audit tender process led by the Company's Audit Committee, the Low & Bonar Board have approved the proposed appointment of Ernst & Young LLP ("EY") as auditor.

Following completion of the audit of the Low & Bonar Annual Report and Accounts for the 2017/18 financial year by KPMG LLP, EY will be appointed as auditor subject to approval by shareholders at the Annual General Meeting in 2019.

Low & Bonar, EY and KPMG LLP will commence transition planning immediately to ensure a smooth migration during 2018/19.

For further information, please contact:

 
Low & Bonar PLC                                  020 7535 3180 
Philip de Klerk, Group Chief Executive Officer 
 Simon Webb, Group Chief Financial Officer 
Instinctif Partners                              020 7457 2020 
Matthew Smallwood 
 Rosie Driscoll 
 

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November 23, 2018 04:00 ET (09:00 GMT)