REG - City of Lon Inv Grp - Change of Auditor

City of London InvestmentAnnouncement

08/03/2024 13:30

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RNS Number : 2013G  City of London Investment Group PLC  08 March 2024

City of London Investment Group PLC

08 March 2024

 

 

CITY OF LONDON INVESTMENT GROUP PLC

("City of London" or "the Group" or "the Company" or "CLIG")

 

CHANGE OF AUDITOR

 

City of London (LSE: CLIG), a leading specialist asset management group
offering a range of institutional and retail products investing primarily in
closed-end funds ("CEFs"), is pleased to announce that it has completed a
tender process, overseen by CLIG's Audit and Risk Committee, for its Group
audit. This has resulted in a recommendation from the Audit and Risk
Committee, which has now been endorsed by the Board, that Grant Thornton UK
LLP be appointed as the Group's auditor with immediate effect. Grant Thornton
UK LLP will, therefore, undertake the Group audit for the financial year
ending 30th June 2024.

 

RSM UK Audit LLP, who have been the Company's auditor since 2018 have resigned
by mutual agreement with the Company and have now ceased to hold office as the
Group's auditor.  RSM UK Audit LLP have 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.

 

Peter E. Roth, Chair of the CLIG Audit and Risk Committee, said: "We thank RSM
UK Audit LLP for their significant contribution as CLIG's auditor over recent
years and we look forward to working with Grant Thornton UK LLP."

 

 

For further information, please visit www.clig.co.uk or contact:

 

Tom Griffith, CEO

City of London Investment Group PLC

Tel: 001-610-380-0435

 

Martin Green, James Hornigold

Zeus Capital Limited

Financial Adviser & Broker

Tel: +44 (0)20 3829 5000

 

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