Maintel Holdings PLC Results of the Audit Tender Process (9246F)

TIDMMAI

RNS Number : 9246F

Maintel Holdings PLC

31 October 2018

Maintel Holdings Plc

(The "Company" or the "Group")

Results of the Audit Tender Process

The Company announces that, following a competitive tender process for its statutory audit contract led by the Company's Audit & Risk Committee, the Board of Directors has approved the appointment of RSM LLP ("RSM") as auditor of the Group for the financial year ending 31 December 2019, subject to shareholder approval. A resolution to approve their appointment will be put to shareholders at the Company's AGM in May 2019. BDO LLP, the Company's current auditor, will remain in post until then and will undertake the audit of the Group's financial statements for the 2018 financial year.

The Company stated its intention to tender the audit in the Group's Interim Financial Statement issued on 10 September 2018.

The Board would like to thank all the firms that participated in the tender process but, more significantly, BDO LLP and the various partners, managers and audit team members who have served the Company so well as the Group's auditors over the past 14 years.

31 October 2018

For further information please contact:

 
 
 Mark Townsend, Chief Financial Officer    020 7401 4663 
  Nicholas Taylor, Chairman of the 
   Audit & Risk Committee                   020 3397 8252 
 

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October 31, 2018 11:56 ET (15:56 GMT)