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REG - Aberdeen Group PLC - Conclusion of Audit Tender Process

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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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