REG - Next PLC - Result of Audit Tender

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04/08/2025 10:00

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RNS Number : 8292T  Next PLC  04 August 2025

4 August 2025

 

NEXT plc (the "Company" or "NEXT")

 

Result of Audit Tender

The Board of NEXT announces that, following the conclusion of the formal
tender process for the role of statutory auditor, it intends to appoint KPMG
LLP ("KPMG") as external auditor for the financial year ending January 2028
onwards. The appointment will be subject to shareholder approval at NEXT's
2027 Annual General Meeting.

 

The audit tender was conducted as a result of the requirement for public
interest entities to undertake an audit tender at least every ten years. A
thorough tender process, overseen by the Audit Committee, was undertaken and
this proposed change of auditor follows a recommendation by the Audit
Committee to the Board based on the outcome of the tender process.

 

Pricewaterhouse Coopers LLP ("PwC"), the Company's current auditor, will
continue in its role as external auditor for the financial years ending 31
January 2026 and 30 January 2027, the latter subject to shareholder approval.
The Board would like to thank PwC for its significant and continuing
contribution as the Company's auditor, and also the other firms who took part
in the tender.

 

Further details of the audit tender process and selection criteria will be
provided in the Company's 2026 Annual Report and Accounts.

 

 

Seonna Anderson

Company Secretary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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