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RNS Number : 0658V GSTechnologies Ltd 13 August 2025
13 August 2025
GSTechnologies Limited
("GST", the "Company" or the "Group")
Change of Auditor
Update regarding Report and Accounts
GSTechnologies Limited (LSE: GST), the fintech company, announces the
appointment of RPG Crouch Chapman LLP ("RPGCC") as auditor to the Company with
immediate effect.
The appointment of RPGCC follows Moore Kingston Smith LLP ("MKS") resigning as
the Company's auditor on 12 August 2025. MKS resigned following a review of
their audit portfolio risk profile and their decision to exit assignments with
listed clients which involve cryptocurrency trading and assets. MKS are
therefore unable to complete the final audit process of the Company's
consolidated financial statements for the year ended 31 March 2025 ("FY25").
MKS became the Company's auditor in May 2025 following the merger of Shipleys
LLP, the Company's then auditor, with MKS.
MKS have confirmed that there are no circumstances connected with them ceasing
to hold office as the Company's auditor which they consider should be brought
to the attention of the Company's members or creditors. They have confirmed
that the Company's consolidated financial statements for FY25 are in good and
proper order, and are fit for review and finalisation by RPGCC, with whom MKS
will cooperate with to ensure a smooth handover of the audit work done so
far. The Company is working closely with RPGCC to ensure that the Company's
audited report and accounts for FY25 is published as soon as possible and will
request a restoration of its listing once published.
Notwithstanding the temporary suspension of the Company's listing from the
Official List and from trading in the Company's ordinary shares, the Company
will continue to make announcements as required under the UK Listing Rules and
UK Market Abuse Regulation (UK MAR).
Enquiries:
The Company
Tone Goh, Executive Chairman
+65 6444 2988
Financial Adviser
First Sentinel Corporate Finance
+44 (0)20 3855 5551
Brian Stockbridge / Gabrielle Cordeiro
Broker
CMC Markets
+44 (0)20 3003 8632
Douglas Crippen
Financial PR & Investor Relations
IFC Advisory Limited
Tim Metcalfe / Graham Herring / Florence Staton
+44 20 (0) 3934 6630
For more information please see: https://gstechnologies.co.uk/
(https://gstechnologies.co.uk/)
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