Just Group PLC Change of Adviser (0137S)
November 01 2019 - 8:06AM
UK Regulatory
TIDMJUST
RNS Number : 0137S
Just Group PLC
01 November 2019
NEWS RELEASE www.justgroupplc.co.uk
1 November 2019
JUST GROUP plc
JUST ANNOUNCES RESULT OF AUDIT TENDER
Just Group Plc ("Just") today announces its intention to appoint
PricewaterhouseCoopers LLP ("PwC") as its external auditor for the
financial year ending 31 December 2020.
The timing of this change enables auditor continuity during our
preparation and implementation of IFRS 17, currently scheduled for
2022, and will ensure compliance with the rules regarding auditor
rotation. The tender process has taken into consideration FRC
guidance on best practice.
A resolution to approve the appointment of PwC will be put to
shareholders at the Company's AGM in 2020. PwC will observe the
2019 audit, to ensure an efficient transition.
Just acknowledges the important contribution KPMG has made as
the Company's auditor over its many years of service.
Enquiries
Investors / Analysts Media
James Pearce, Director of Group Stephen Lowe, Group Communications
Finance Director
Telephone: +44 (0) 7715 085 099 Telephone: +44 (0) 1737 827 301
james.pearce@wearejust.co.uk press.office@wearejust.co.uk
Paul Kelly, Investor Relations Temple Bar Advisory
Manager Alex Child-Villiers
Telephone: +44 (0) 20 7444 8127 William Barker
paul.kelly@wearejust.co.uk Telephone: +44 (0) 20 7002 1080
Additional Information
KPMG LLP has been the group's external auditor since the 2006
year end. The audit was last tendered in 2016 following the group's
merger with Partnership Assurance, and KPMG reappointed. At that
time it was noted that the audit would be reviewed in due course.
We approached a range of firms including the other 'big four' firms
and certain mid-tier firms. The Audit Committee was fully involved
in the tender process, which was led by the Committee Chair.
A copy of this announcement will be available on the Group's
website www.justgroupplc.co.uk
JUST GROUP PLC
GROUP COMMUNICATIONS
Vale House, Roebuck Close
Bancroft Road, Reigate
Surrey RH2 7RU
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END
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