Business
Statement from Sports Direct & Grant Thornton
Statement from Sports Direct & Grant Thornton.
About this update from Frasers Group Plc
[{"type":"text","content":"\n \nRNS Number : 0798J Sports Direct International Plc 14 August 2019 \n\n \n14 August 2019\n \nSPORTS DIRECT INTERNATIONAL PLC\n(\"Sports Direct\" or the \"Company\")\n \nJoint Statement from Sports Direct International plc and Grant Thornton UK LLP\n \nFurther to the announcement made by Sports Direct International plc (SD) on the morning of 14 August 2019 regarding Grant Thornton UK LLP's (GT) intention not to seek reappointment as SD's auditors with effect from the date of SD's AGM on 11 September 2019, SD and GT make the following joint statement:\n \nAs referred to in the Chief Executive's Report and Business Review in SD's Annual Report and Accounts for the period ended 28 April 2019, SD has a longer term aim of looking to engage a Big 4 auditor in the future. In line with the audit profession as a whole reviewing their client portfolios for, amongst other reasons, audit profitability, during a period of increased regulatory scrutiny, GT's review of its client portfolio alongside SD's future intentions on engagement of a Big 4 auditor has led to a decision by GT to not seek reappointment as SD's auditor.\n \nThe board of SD are comfortable with SD's accounts for the period ended 28 April 2019 and believe a fully robust audit was carried out of SD's financial statements\n \nEnds.\n \n \n\n\n\nSports Direct International plc\nTom Piper, Company Secretary\nLEI: 213800JEGHHEAXIJDX34\n \n\n\n \nT. 0344 245 9200\nE. [email protected]\n\n\n\n\n\n\n\n\n\n\n\n \n \n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com. END MSCLLFVVTTISLIA\n ","length":3895,"tagName":"div"}]