REG - Trifast PLC - Change of Auditor
RNS Number : 1136TTrifast PLC12 November 2019
Tuesday, 12 November 2019
TRIFAST PLC
("Trifast" or the "Company")
"Holding the world together"
Leading international specialists in the design, engineering, manufacture and distribution
of high-quality industrial and Category 'C' fastenings principally to major global assembly industries
Change of auditor
Following a formal tender process, Trifast is pleased to announce that BDO LLP have been selected to act as its new auditor.
KPMG will resign as auditor of the Company following completion of the review of the half-yearly financial report for the six months ended 30 September 2019. They did not participate in the tender process due to the rules on the mandatory rotation of auditors.
The appointment of BDO to carry out the audit of the Company's financial statements for the financial year ending 31 March 2020 will take effect immediately following KPMG's resignation. The appointment for subsequent years will be subject to approval by shareholders at the next Annual General Meeting of the Company, to be held in 2020.
The Board of Trifast would like to thank KPMG LLP for its significant contribution and service as auditor over the last 24 years.
Enquiries please contact:
Trifast plc
Malcolm Diamond MBE, Non-Executive Chairman
Neil Warner, Senior Independent Non-Executive Director
Mark Belton, Chief Executive Officer
Clare Foster, Chief Financial Officer
Office: +44 (0) 1825 747630
Peel Hunt LLP
Stockbroker & financial adviser
Mike Bell
Tel: +44 (0)20 7418 8900
TooleyStreet Communications
IR & media relations
Fiona Tooley
Tel : +44 (0)7785 703523
Email : fiona@tooleystreet.com
Editors' note:
LSE Premium Listing: Ticker: TRI
LEI number: 213800WFIVE6RUK3CR22
Group website: www.trifast.com
About us: Trifast, leading international specialist in the engineering, manufacture and distribution of high-quality industrial and Category 'C' fastenings principally to major global assembly industries. Key sectors are automotive, domestic appliances, electronics and distributors. The Group employs c.1,300 staff across 32 global locations across the UK, Europe, Asia and the USA.
For more information, visit
Commercial website: www.trfastenings.com
LinkedIn: www.linkedin.com/company/tr-fastenings
Twitter: www.twitter.com/trfastenings
Facebook: www.facebook.com/trfastenings
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