REG - Mountview Estates. - Resignation of Auditor

Mountview Estates P.L.C.Announcement

02/10/2023 17:15

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RNS Number : 4303O  Mountview Estates PLC  02 October 2023

2 October 2023

MOUNTVIEW ESTATES P.L.C.

 

Mountview Estates P.L.C.

("Mountview" or "the Company")

 

Resignation of Auditor

 

Mountview Estates P.L.C. announces that, following the acquisition of the
business of BSG Valentine (UK) LLP ("BSG Valentine") by TC Group Holdings
Limited ("TC Group"), BSG Valentine has resigned as the Company's independent
auditor with immediate effect. TC Group has taken the strategic decision not
to register with the Financial Reporting Council as an eligible auditor to
undertake Public Interest Entity audits.

 

In accordance with s. 519 Companies Act 2006, BSG Valentine made the following
statements:

 

·    BSG Valentine has resigned as auditor with immediate effect on the
grounds that the firm will no longer be registered to carry out audit work
following the acquisition of its business by TC Group, which has its own audit
registration. TC Group has taken the strategic decision not to register its
audit registered firm with the Financial Reporting Council as an eligible
auditor to undertake Public Interest Entity audits; and

·   there are no circumstances connected with our resignation which we
consider should be brought to the attention of the members or creditors of the
Company.

The Board of Mountview would like to thank BSG Valentine for their significant
contribution as the Company's auditors throughout the years.

 

The process to appoint a new independent auditor for the Company is already
underway and further announcements will be made in due course.

 

This appointment remains subject to approval by shareholders at the next
Annual General Meeting of the Company.

 

~Ends~

 

For further information on the Company, visit: www.mountviewplc.co.uk
(http://www.mountviewplc.co.uk)

 

 SPARK Advisory Partners Limited (Financial Adviser)  www.sparkadvisorypartners.com (http://www.sparkadvisorypartners.com)
 Mark Brady - 020 3368 3550

 

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