Appointment of auditor

RNS Number : 1200N

Judges Scientific PLC

27 May 2022

 

27 May 2022

Judges Scientific plc

("Judges Scientific")

Appointment of auditor 

Judges Scientific plc, a group involved in the buy and build of scientific instrument businesses, announces the appointment of BDO UK LLP as the Company's external auditor, further to a resolution passed at the Company's AGM on 24^th May 2022. The appointment is effective immediately. As disclosed in the 2021 annual report, this follows an extensive tender process performed in 2021 to ensure the Company is aligned with best practice corporate governance guidelines for auditor rotation.

Grant Thornton UK LLP, the incumbent auditor, has confirmed to the Company that there are no circumstances connected with its resignation as auditor that should be brought to the attention of the members or creditors of the Company.

Ralph Elman, Chair of Judges Scientific plc's Audit committee, said: "We would like to thank Grant Thornton UK LLP for their many years of service as Judges Scientific plc's auditor. We look forward to working with BDO UK LLP in the future."

For further information please contact:

Judges Scientific
David Cicurel, CEO Brad Ormsby, Group FD	Tel: [phone]
Shore Capital (Nominated Adviser & Broker)
Stephane Auton Iain Sexton	Tel: [phone]
Liberum (Joint Broker) Edward Mansfield William Hall Media enquiries: Alma PR (Financial Public Relations)	Tel : [phone]
Sam Modlin Rebecca Sanders-Hewett Justine James Joe Pederzolli	Tel: [phone] [e-mail]

Notes to editors:

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector.  The Group now consists of 20 businesses acquired since 2005.

The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities.  The UK is a recognised centre of excellence for scientific instruments.  The Group has received five Queen's Awards for innovation and export. 

The Group's companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins.

Judges Scientific maintains a policy of selectively acquiring businesses that generate sustainable profits and cash.  Shareholder returns are created through the reduction of debt, organic growth and dividends. 

For further information, please visit  www.judges.uk.com

 

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