Business
Result of the External Audit Tender
Result of the External Audit Tender.
About this update from Johnson Matthey Plc
[{"type":"text","content":"\n \nRNS Number : 5753G Johnson Matthey PLC 05 March 2018 \n\n \nJohnson Matthey Plc - Result of the External Audit Tender\nJohnson Matthey Plc (the \"Company\") announces that following the conclusion of a competitive tender process led by the Company's Audit Committee and as disclosed in the 2017 Annual Report and Accounts, the Company's Board has approved the proposed appointment of PricewaterhouseCoopers LLP (\"PwC\") as the external auditor for the financial year commencing 1 April 2018. This appointment is subject to shareholder approval at the Company's Annual General Meeting to be held in July 2018.\n \nKPMG LLP (\"KPMG\") will remain as the Company's auditor for the financial year ended 31 March 2018.\n \nIn line with the Statutory Audit Services Order 2014, given that KPMG (and its predecessor entities) has been the Company's external auditor for more than 20 years, KPMG was not invited to retender for this appointment.\n \nAlan Ferguson, Chairman of the Company's Audit Committee, said:\n \n\"The Board would like to thank KPMG for its many years of service to the Company and it looks forward to working with PwC in the future.\"\n \nEnquiries: \nAnalysts and investors:\nMartin Dunwoodie +44 (0)20 7269 8241\nSimon McGough +44 (0)20 7269 8235\nKatharine Burrow +44 (0)20 7269 8444\nMedia:\nSally Jones +44 (0)20 7269 8407\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCLLFFSVRIFIIT\n ","length":2592,"tagName":"div"}]