Change of Auditor

RNS Number : 5086H

Bunzl PLC

20 May 2014

 



20 May 2014

CHANGE OF AUDITOR

Bunzl plc, the international distribution and outsourcing Group, today announces a change to its statutory auditor. 

In the 2013 Annual Report it was stated that the Company intended to carry out an audit tender process.  In order to comply with good governance practice and given KPMG's length of tenure as the Company's current auditor, it was also stated that following such tender process the Board intended to appoint a new audit firm as the Company's auditor. 

After the successful conclusion of the tender, the Board, following a recommendation by the Audit Committee of the Board, has appointed PricewaterhouseCoopers LLP (PwC) as the Company's statutory auditor for the 2014 financial year with effect from 19 May 2014 and KPMG has consequently resigned as statutory auditor from such date.  The appointment of PwC as auditor thereafter will be subject to approval by shareholders at the 2015 Annual General Meeting.

Commenting on the change, David Sleath, Chairman of the Audit Committee, said:

"On behalf of the Board I would like to thank KPMG for their services to the Company over many years and we look forward to working with PwC in the future."

Enquiries:

Bunzl plc Michael Roney, Chief Executive Brian May, Finance Director Tel: [phone]

Tulchan David Allchurch Stephen Malthouse Tel: [phone]

 

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