REG - Sainsbury(J) PLC - Change of Auditor <Origin Href="QuoteRef">SBRY.L</Origin>

J SainsburyAnnouncement

28/01/2015 01:12

RNS Number : 3158C
Sainsbury(J) PLC
16 January 2015
Change of Auditor
16 January 2015
Sainsbury's announces intention to appoint Ernst & Young LLP as auditor at 2015 AGM
The Board of J Sainsbury plc ("Sainsbury's" or the "Group") announces its intention to recommend to shareholders, for approval at the 2015 AGM, the appointment of Ernst & Young LLP ("EY") as the Group's auditor for the 52 weeks ending 12 March 2016.
The intention to change the Group's auditor follows a recommendation by the Audit Committee to the Board following a formal tender process overseen by the Audit Committee, as referred to in the Group's 2014 Annual Report & Accounts published on 5 June 2014.
PricewaterhouseCoopers LLP ("PwC"), the Group's current auditor, will continue in the role and will undertake the audit of the Group's consolidated accounts for the 52 weeks ending 14 March 2015, having been reappointed at the 2014 Annual General Meeting. 
Gary Hughes, Chairman of the Sainsbury's Audit Committee, said: "We would like to thank PwC, and specifically the Sainsbury's audit partners, for their significant contribution as the Company's auditors over many years. Going forward we expect an orderly transition and look forward to working with EY into the future."
For further information, please contact:
Media Enquiries:
Trevor Datson
+44 (0)20 7695 7295
Investor Relations:
Duncan Cooper
+44 (0)20 7695 0080

This information is provided by RNS
The company news service from the London Stock Exchange
  END
MSCSFEFMIFISEFF