Notification of Change of Auditor

RNS Number : 5421R

Ferrexpo PLC

12 December 2016

 

12 December 2016                                                                                                                                                                                                                                                                   

FERREXPO plc

("Ferrexpo" or the "Group")

Notification of Change of Auditor

Ferrexpo announces that, following the completion of a formal audit tender process conducted in accordance with the relevant requirements and led by the Company's Audit Committee, the Board has approved the appointment of Deloitte LLP as the Company's auditor for the financial year commencing 1 January 2017. This appointment remains subject to approval by shareholders at the Annual General Meeting to be held in May 2017. The Company's current auditor, Ernst & Young LLP, will conduct the audit for the year ending 31 December 2016.

The Board of Ferrexpo extends its appreciation and thanks to Ernst & Young LLP for their contribution since Ferrexpo's IPO in 2007, and looks forward to working with Deloitte.

For further information contact:

Ferrexpo:
Ingrid McMahon	[phone]
Maitland:
James Isola	[phone]

Notes to Editors:

Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine and transport and sales operations throughout the world. It has been mining and processing high quality iron ore pellets for the global steel industry for over 35 years. Ferrexpo's resource base is one of the largest iron ore deposits in the world. The Group is currently the 3rd largest supplier of pellets to the global steel industry and the largest producer and exporter of pellets from the Former Soviet Union. In 2015, it produced 11.7 million tonnes of pellets, a 6% increase compared to 2014 and a record for the Company. Ferrexpo has a diversified customer base supplying steel mills in Austria, Germany, Japan, South Korea, China as well as other European and Asian countries.  Ferrexpo is listed on the main market of the London Stock Exchange under the ticker FXPO. For further information, please visit www.ferrexpo.com

 

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