Business
INL Notification Change of Auditors for FY2025
INL Notification Change of Auditors for FY2025.
About this update from Investec Plc
[{"type":"text","content":"\n \n \n \n \n \n \n Investec Limited\n \n Incorporated in the Republic of South Africa\n Registration number 1925/002833/06\n \n JSE share code: INL\n \n JSE share code: INPR\n \n JSE debt code: INLV\n \n \n NSX share code: IVD\n \n \n BSE share code: INVESTEC\n \n ISIN: ZAE000081949\n ISIN: ZAE000063814\n \n LEI: 213800CU7SM6O4UWOZ70\n \n \n \n \n Investec plc\n \n Incorporated in England and Wales\n Registration number 03633621\n LSE share code: INVP\n JSE share code: INP\n ISIN: GB00B17BBQ50\n LEI: 2138007Z3U5GWDN3MY22\n \n \n \n \n \n \n \n \n \n \n \n \n \n As part of the dual listed company structure, the boards of Investec plc and Investec Limited (together the \"Board\") notify both the London Stock Exchange and the JSE Limited of matters which are required to be disclosed under the Disclosure Guidance and Transparency Rules, and Listing Rules of the United Kingdom Listing Authority (the \"UKLA\") and/or the JSE Listings Requirements.\n \n \n \n Accordingly, we advise of the following:\n \n \n \n \n INVESTEC LIMITED NOTIFICATION OF CHANGE OF AUDITOR IN TERMS OF PARAGRAPH 3.78 OF THE JSE LISTING REQUIREMENTS AND PARAGRAPH 6.25 OF THE JSE DEBT LISTINGS REQUIREMENTS\n \n \n \n \n The Board of Investec Limited and the Audit Committee wish to inform shareholders that, following a second comprehensive tender process, Deloitte Incorporated (Deloitte Inc.) has been nominated as the second of their joint external auditors, following the conclusion of a competitive tender process led by the Company's Audit Committee, for the reporting period ending 31 March 2025 in compliance with the Independent Regulatory Board for Auditors' rule pertaining to mandatory audit firm rotation.\n \n The appointment of the firm and the designated audit partner is subject to regulatory approval from the South African Prudential Authority (PA) and accordingly further announcements in this regard, including the firm being replaced will be made once the regulatory approval process has been concluded.\n \n In accordance with section 61 of the Banks Act No. 94 of 1990, section 90 of the South African Companies Act No. 71 of 2008, paragraph 3.86 of the JSE Listings Requirements as well as paragraph 7.3(e) of the JSE Debt Listings Requirements, the appointment of Deloitte Inc. will be recommended to the ordina...