REG - Athelney Trust plc - Change of Adviser

Athelney TrustAnnouncement

16/08/2024 14:30

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RNS Number : 8114A  Athelney Trust PLC  16 August 2024

Athelney Trust PLC

 

Legal Entity Identifier:

213800ON67TJC7F4DL05

Auditor Resignation

Athelney Trust plc (the "Company") announces for information only that Moore
Kingston Smith LLP ("MKS") has resigned as auditor.

MKS explains in its resignation letter of 6th August 2024 that the Company's
audit partner is shortly to depart MKS and due to its reduced capacity to
complete audits for Public Interest Entities ("PIE") and in order to maintain
the quality of the audit services that it provides, it has determined that it
is necessary for it to resign from the office of auditor.

Athelney Trust plc is classified as a PIE due to its Premium Listing on the
London Stock Exchange's Main Market.

MKS confirms that there are no circumstances connected with it ceasing to hold
office as auditor which it considers should be brought to the attention of the
Company's members or creditors in accordance with Section 519 of the Companies
Act 2006.

After just one year, and with no opportunity to agree on a way forward with
MKS as auditors, this is very disappointing news. The Audit Committee
has already begun the process to identify a new auditor.

 

 

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