ACE LIBERTY AND STONE PLC
(''Ace'' or "the Company'')
Change of Auditor
Ace Liberty and Stone Plc (AQSE: ALSP), the active property investment company, capitalising on commercial property investment opportunities across the UK, is pleased to announce the appointment of RPG Crouch Chapman LLP ("RPG") as auditors to the Company with immediate effect.
The appointment of RPG follows the resignation of Jeffreys Henry LLP ("Jeffreys Henry") as auditors to the Company with effect from 8 June 2023. Jeffreys Henry has confirmed that there are no circumstances connected with their resignation which they consider should be brought to the attention of the Company's members or creditors in accordance with Section 519 of the Companies Act 2006.
The Company does not expect there to be any delay in the announcement of results for year ended 30 April 2023 as a result of this change.
The Directors accept responsibility for this announcement.
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For further information, please contact:
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Ace Liberty & Stone Plc |
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Laura Yates, Finance Director |
Tel: +44 (0) 20 7201 8340 |
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http://acelibertyandstone.com |
Alfred Henry Corporate Finance Ltd, AQSE Exchange Corporate Adviser |
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Nick Michaels |
Tel: +44 (0) 20 3772 0021 |
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SP Angel Corporate Finance LLP Broker |
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Vadim Alexandre / Rob Rees |
Tel: +44 (0)20 3470 0470 www.spangel.co.uk |
Notes to Editors
Ace Liberty & Stone Plc is a property investment company with a diverse portfolio of properties located across the UK, predominantly in the midlands and north of England, which are now the focus of Government incentives. The Company locates commercial properties which have creditworthy tenants, several years' rental income and the potential for an increase in value through creative asset management activity, such as change of tenancy, change of use or new lease negotiation. Ace has maintained a track record of generating strong profits at disposal of properties and achieving better-than average returns on capital. With strong support from shareholders and mortgage lenders, the Company is currently seeking to deploy its strong balance sheet and is seeking further investment opportunities in the UK to create value for existing and new investors.
Ace is run by a board with extensive property experience, an excellent network of contacts and relevant professional qualifications. This sector expertise has allowed the Board to identify opportunities and act promptly to secure investments.
For more information on the Company please visit www.acelibertyandstone.com