REG - Auction Technology - Outcome of audit tender process

Auction TechnologyAnnouncement

05/06/2023 15:30

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RNS Number : 6953B  Auction Technology Group PLC  05 June 2023

5 June 2023

Auction Technology Group plc

(the "Company" or "ATG")

 

Outcome of audit tender process

 

Following a competitive tender process led by the Audit Committee, the Board
announces its intention to recommend to shareholders for approval at the
Company's Annual General Meeting in January 2024 the appointment of Ernst
& Young  LLP ("EY") as auditor of the Company for the financial year
ending 30 September 2024.

Deloitte LLP ("Deloitte"), the Company's current auditor, will step down
following completion of the audit of the financial year ending 30 September
2023.  A formal handover process will be undertaken to ensure a smooth and
effective transition from Deloitte to EY.

The Board would like to thank Deloitte for their service and support as the
Group's auditors since their appointment.  We look forward to working with EY
in the future.

 

Further details of the audit tender process and evaluation criteria will be
included in our FY 23 Annual Report, which is due to be published in December
2023.

 

 

About Auction Technology Group plc

Auction Technology Group plc ("ATG") is the operator of world leading
marketplaces and auction services for curated online auctions, seamlessly
connecting bidders from around the world to over 3,800 trusted auction houses
across two major sectors: Industrial & Commercial ("I&C") and Art
& Antiques ("A&A").

 

The Group powers eight online marketplaces and listing sites using its
proprietary auction platform technology, hosting in excess of 70,000 live and
timed auctions each year. ATG has been supporting the auction industry since
1971 and the Company has offices in the UK, US and Germany.

 

LEI: 213800U8Q9K2XI3WRE39

 

Enquiries

 

ATG

For investor
enquiries
investorrelations@auctiontechnologygroup.com

Company
Secretary
cosec@auctiontechnologygroup.com (mailto:cosec@auctiontechnologygroup.com)

 

Teneo
Communications
+44 207 353 4200

(Public relations advisor to ATG)
 
                ATG@teneo.com (mailto:ATG@teneo.com)

Tom Murray, Matt Low, Arthur Rogers

 

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