Change of Auditor

RNS Number : 3158C

Sainsbury(J) PLC

16 January 2015

 

Change of Auditor

16 January 2015

Sainsbury's announces intention to appoint Ernst & Young LLP as auditor at 2015 AGM

The Board of J Sainsbury plc ("Sainsbury's" or the "Group") announces its intention to recommend to shareholders, for approval at the 2015 AGM, the appointment of Ernst & Young LLP ("EY") as the Group's auditor for the 52 weeks ending 12 March 2016.

The intention to change the Group's auditor follows a recommendation by the Audit Committee to the Board following a formal tender process overseen by the Audit Committee, as referred to in the Group's 2014 Annual Report & Accounts published on 5 June 2014.

PricewaterhouseCoopers LLP ("PwC"), the Group's current auditor, will continue in the role and will undertake the audit of the Group's consolidated accounts for the 52 weeks ending 14 March 2015, having been reappointed at the 2014 Annual General Meeting.

Gary Hughes, Chairman of the Sainsbury's Audit Committee, said: "We would like to thank PwC, and specifically the Sainsbury's audit partners, for their significant contribution as the Company's auditors over many years. Going forward we expect an orderly transition and look forward to working with EY into the future." 

For further information, please contact:

Media Enquiries:

Trevor Datson

[phone]

Investor Relations:

Duncan Cooper

[phone]

 

END

 

 

MSCSFEFMIFISEFF