Notification of Tyman's election to adopt FRS101

RNS Number : 4767J

Tyman PLC

17 December 2015

 

TYMAN PLC

("Tyman" or the "Group" or the "Company")

Notification of Tyman's election to adopt FRS101 for its parent company financial statements.

Following the publication of FRS 100, 'Application of financial reporting requirements', by the Financial Reporting Council, Tyman is required to change the accounting framework for its entity financial statements for the financial year commencing 1 January 2015.

The Board of Tyman considers that it is in the best interests of the Group to adopt FRS 101, 'Reduced disclosure framework' which permits certain disclosure exemptions. No disclosures contained in the current Tyman parent company financial statements would be omitted on adoption of FRS 101.

A shareholder or shareholders holding in aggregate 5% or more of the total allotted shares in Tyman may serve objections to the use of the disclosure exemptions on Tyman, in writing, to its registered office at 29 Queen Anne's Gate, London SW1H 9BU not later than 22 January 2016.

Disclosure of Home Member State

For the purposes of the Transparency Directive, the Home Member State of Tyman is the United Kingdom.

17 December 2015

Enquiries:
Tyman plc	020 7976 8000
Kevin O'Connell - Company Secretary	www.tymanplc.com

 

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