Change of Auditor

RNS Number : 5674Z

Electrocomponents PLC

07 February 2014

 



ELECTROCOMPONENTS PLC ("the Company")

CHANGE OF AUDITOR

In last year's Annual Report we stated that we would carry out an external audit tender process.   Following the successful conclusion of the tender we are pleased to announce that it is our intention to appoint Pricewaterhouse Coopers LLP (PwC) as Group auditor for the year ending 31 March 2015.

KPMG Audit plc, the Group's current auditor, will continue in the role and will undertake the audit of the Group's consolidated accounts for the year ending 31 March 2014. Following the completion of this audit, PwC will become Electrocomponents' statutory auditor, subject to approval by shareholders at the 2014 Annual General Meeting.

Commenting on the change, Paul Hollingworth, Chairman of the Group Audit Committee, said, "On behalf of the Board, I would like to thank KPMG for their professional and valued contribution as Electrocomponents' auditors over many years and we look forward to working with PwC going forward."

SIMON BODDIE

Group Finance Director

7 February 2014

 

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