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RNS Number : 3363V Aberdeen Group PLC 14 August 2025
Aberdeen Group plc
Conclusion of Audit Tender Process
Aberdeen Group plc ('the Company' or 'the Group') announces that, following
the conclusion of a competitive audit tender process led by the Audit
Committee, the Board has approved the proposed appointment of Ernst &
Young LLP ('EY') as its external auditor to take effect from, and including,
financial year ending 31 December 2027, subject to shareholder approval at the
Company's 2027 Annual General Meeting.
The comprehensive audit tender process followed the Financial Reporting
Council Minimum Standard and involved both large and challenger audit
firms. The Audit Committee recommended the appointment of EY, which was
approved by the Board.
In line with applicable UK legislation the Group tenders its audit services at
least every 10 years and rotates at least every 20 years.
KPMG LLP ('KPMG') will continue in the role of the Group's auditor for the
financial years up to 31 December 2026, which will be KPMG's tenth year as the
Group's auditor, subject to shareholder approval. The Board and the Audit
Committee would like to express their sincere appreciation to KPMG for their
continued service.
14 August 2025
Enquiries:
Institutional Equity Investors
Katy Hetherington +44 (0) 7841 344 374
Charlie Neish +44 (0) 207 156 2497 / (0) 7805 736 474
Media
Jemma Jackson +44 (0) 7340 641 812
Group Secretariat
Iain Jones +44 (0) 7944 203 003
LEI number of Aberdeen Group plc: 0TMBS544NMO7GLCE7H90
Classification: 3.1. Additional regulated information required to be disclosed
under the laws of the United Kingdom
END
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