Adoption of Financial Reporting Standard (FRS)101

RNS Number : 1538O

Tullett Prebon PLC

05 February 2016

 

5 February 2016

Tullett Prebon plc

Adoption of Financial Reporting Standard (FRS) 101 - Reduced Disclosure Framework
 

Following the publication of FRS 100 Application of Financial Reporting Requirements by the Financial Reporting Council, Tullett Prebon plc (the "Company") is required to change its accounting framework for its entity financial statements for the financial year ended 31 December 2015.  The Board considers that it is in the best interest of the Company to adopt FRS 101 Reduced Disclosure Framework.  No disclosures in the current UK GAAP financial statements would be omitted on adoption of FRS 101. The Group consolidated accounts will continue to be prepared using IFRS.

A shareholder or shareholders may serve objections to the use of the disclosure exemptions on Tullett Prebon plc, in writing, to its registered office (Tower 42 Level 37, 25 Old Broad Street, London EC2N 1HQ) or by email to the Company Secretary at [e-mail] not later than 26 February 2016.
 

Enquiries:

Paul Mainwaring

Finance Director, Tullett Prebon plc

Direct: [phone]

Email: [e-mail]

 

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