REG - Phoenix Group Hldgs - Change of Auditor

Phoenix groupAnnouncement

22/12/2021 12:00

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RNS Number : 5143W  Phoenix Group Holdings PLC  22 December 2021

LEI: 2138001P49OLAEU33T68

 

 

Phoenix Group Holdings plc to propose the appointment of KPMG LLP as its new
auditor from 2024

 

Phoenix Group Holdings plc (the "Company" or "Phoenix") announces its
intention to appoint KPMG LLP ("KPMG") as its auditor for the financial year
ending 31 December 2024, subject to shareholder approval at the 2024 Annual
General Meeting.

 

KPMG's proposed appointment has been approved by Phoenix's Board and follows
an extensive and thorough tender process overseen by the Company's Board Audit
Committee.

 

KPMG will replace Ernst & Young ("EY") who were unable to participate in
the tender process due to their tenure, in accordance with mandatory audit
firm rotation requirements. EY will continue in its role as Phoenix's external
auditor for financial periods up to 31 December 2023 subject to reappointment
by the Company's shareholders at the 2022 and 2023 Annual General Meetings.

 

 

-ends-

 

 

Enquiries:

 Media                                                             Investors
 Douglas Campbell, Teneo                                           Claire Hawkins, Corporate Affairs Director, Phoenix Group

+44 (0) 203 735 0575
 +44 (0)7753 136628

                                                                 Andrew Downey, Investor Relations Director, Phoenix Group

                                                                 +44 (0) 203 735 0160
 Shellie Wells, Corporate Communications Director, Phoenix Group

 +44 (0) 203 735 0922

 

 

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