CLS Holdings PLC Change of Auditor (2235I)
August 11 2021 - 2:00AM
UK Regulatory
TIDMCLI
RNS Number : 2235I
CLS Holdings PLC
11 August 2021
PRESS RELEASE
Release date: 11 August 2021
Embargoed until: Immediate release
CLS Holdings plc ("CLS")
Change of Auditor
CLS Holdings plc has undertaken a selection process to appoint a
new external audit firm as part of its adherence to best practice
on corporate governance and in light of the long tenure of Deloitte
LLP as the Group's external auditor.
Following the completion of the formal tender process, the Board
has approved the appointment of Ernst & Young LLP as its new
external auditor for the year ending 31 December 2022. Deloitte LLP
will complete the audit for the current financial year ending 31
December 2021, and Ernst & Young LLP will be appointed
immediately following the signing of the financial statements for
the year ending 31 December 2021.
Shareholder approval to confirm the appointment of Ernst &
Young LLP will be sought at the 2022 Annual General Meeting in
mid-April 2022.
Bill Holland, Chair of the CLS's Audit Committee, commented:
"The Board would like to thank Deloitte LLP for their work as
auditor over the last 15 years. Subject to shareholder approval at
the 2022 AGM, we look forward to working with EY in the future and
building a similar relationship."
-ends-
For further information, please contact:
CLS Holdings plc
(LEI: 213800A357TKB2TD9U78)
www.clsholdings.com
Fredrik Widlund, Chief Executive Officer
Andrew Kirkman, Chief Financial Officer
+44 (0)20 7582 7766
Liberum Capital Limited
Richard Crawley
Jamie Richards
+44 (0)20 3100 2222
Panmure Gordon
Hugh Rich
+44 (0)20 7886 2733
Elm Square Advisers Limited
Jonathan Gray
+44 (0)20 7823 3695
Smithfield Consultants (Financial PR)
Alex Simmons
Rob Yates
+44 (0)20 3047 2546
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END
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