REG - Imperial Brands PLC - Conclusion of Audit Tender
RNS Number : 6327RImperial Brands PLC01 March 2019Imperial Brands PLC - Conclusion of Audit Tender.
Imperial Brands PLC ("Imperial") today announces that, in line with governance practice, and following the conclusion of a competitive tender process for its statutory audit contract the Board has approved the appointment of Ernst & Young LLP ("EY") with effect from the financial year commencing 1 October 2019.
The appointment of EY will be recommended to Imperial's shareholders at the 2020 Annual General Meeting.
PricewaterhouseCoopers LLP ("PwC") will remain Imperial's auditor for the current financial year. PwC did not participate in the tender due to the length of its current appointment.
Karen Witts, Chairman of Imperial's Audit Committee, said: "We would like to thank PwC for its significant contribution as Imperial's auditor since its demerger from Hanson in 1996 and we look forward to working with Ernst & Young LLP."
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Peter Durman
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Alex Parsons
+44 (0)7967 467 241
Matt Sharff
+44 (0)7964 110 921
Simon Evans
+44 (0)7967 467 684
Mat Slade
+44 (0)7811 974 438
Copies of our announcements are available on our website: www.imperialbrandsplc.com/Investors/Stock-Exchange-announcements
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