Octopus Apollo VCT plc : Appointment of New Ext...

Octopus Apollo VCT plc

8 June 2018

Appointment of New External Auditor

The Company announces that it has completed a competitive tender process for the appointment of a new external auditor.

BDO LLP will be appointed as external auditor for the year ending 31 January 2019, replacing James Cowper Kreston LLP.  James Cowper Kreston will audit the Company's accounts for the year ending 31 January 2018.

James Cowper Kreston LLP declined the opportunity to participate in the tender process as the firm has taken the decision to withdraw from auditing certain Public Interest Entities for the time being because of the increasing regulatory landscape and associated costs

Shareholder approval to confirm the appointment of BDO LLP will be sought at the Company's AGM on 12 July 2018.

For further information please contact:

Parisha Kanani
Company Secretary
020 3935 3520

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Source: Octopus Apollo VCT plc via Globenewswire