Maven Income and Growth VCT 5 PLC Change of Auditor (2424K)
September 19 2016 - 11:24AM
UK Regulatory
TIDMMIG5
RNS Number : 2424K
Maven Income and Growth VCT 5 PLC
19 September 2016
MAVEN INCOME AND GROWTH VCT 5 PLC (the 'Company')
Change of Auditor
Following a formal tender process, Maven Income and Growth VCT 5
PLC is pleased to announce the appointment of Deloitte LLP
("Deloitte") as its new auditor with effect from 9 September 2016.
Deloitte will conduct the audit of the Company's financial
statements for the financial year to 30 November 2016. The
appointment of Deloitte as auditor for the following financial year
will be subject to approval by shareholders at the next Annual
General Meeting of the Company to be held in 2017.
In accordance with section 519 of the Companies Act 2006, KPMG
LLP ("KPMG") has deposited a statement with the Company of the
circumstances connected with them ceasing to hold office as auditor
of the Company (the "Statement"). The Statement confirms that KPMG
resigned as auditor of the Company because the Company held a
competitive tender for the audit in which they did not participate
due to the rules on the mandatory rotation of auditors. A copy of
the Statement will be sent to every person who is entitled to
receive a copy of the Company's Annual Reports and Financial
Statements.
The Board wishes to take this opportunity to extend its
appreciation and gratitude to KPMG for its services rendered to the
Company for the last 15 years.
Enquiries:
Graeme Cullen, Maven Capital Partners UK LLP: Tel: +44 (0) 141 206 0110
This information is provided by RNS
The company news service from the London Stock Exchange
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