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Amerisur Resources (AMER)

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Friday 03 August, 2018

Amerisur Resources

Change of auditor

RNS Number : 7084W
Amerisur Resources PLC
03 August 2018
 

3 August 2018

 

Amerisur Resources Plc ("Amerisur" or the "Company")

 

Change of Auditor

Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, announces that it has appointed BDO LLP as its auditor following a competitive tender process.

The Audit Committee report in Amerisur's 2017 Annual Report indicated that the Company was likely to tender the audit appointment in light of the long tenure of Grant Thornton, who has been auditor to the Company since 2002. The Audit Committee have conducted a competitive tender in line with best practice guidelines and the Board have approved the Committee's recommendation to appoint BDO LLP, which has a leading mid-market oil and gas audit practice. Further details of the tender process, for which the primary objective was to secure the ongoing provision of a high quality audit service, will be given in the 2018 Annual Report.

BDO LLP will act as auditor for the year ending 31 December 2018. The appointment of BDO LLP as auditor for the following financial year will be subject to approval by shareholders at the next Annual General Meeting of the Company to be held in 2019.

Grant Thornton, who did not participate in the tender, has confirmed that there are no circumstances connected with its resignation which it considers should be brought to the attention of members or creditors of the Company.

The Company records its appreciation of the services of Grant Thornton as auditor over many years.

  

ENDS

Enquiries:

 

Nick Harrison, CFO

Amerisur Resources

 

Tel: +44 (0)330 333 8246

Billy Clegg / Georgia Edmonds / Kimberley Taylor

Camarco

 

Tel: +44 (0)203 757 4980

Callum Stewart / Nicholas Rhodes / Ashton Clanfield

Stifel Nicolaus Europe Limited

 

Tel: +44 (0)20 7710 7600

Chris Sim / Alexander Ruffman

Investec

 

Tel: +44 (0)207 597 4000

Paul Shackleton / Dan Gee-Summons

Arden Partners plc

Tel: +44 (0)20 7614 5900

 

 

Inside Information

 

The content of this announcement does not comprise price sensitive information.

 


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