Auction Technology Group PLC Outcome of audit tender process (6953B)
06 June 2023 - 12:24AM
UK Regulatory
TIDMATG
RNS Number : 6953B
Auction Technology Group PLC
05 June 2023
5 June 2023
Auction Technology Group plc
(the "Company" or "ATG")
Outcome of audit tender process
Following a competitive tender process led by the Audit
Committee, the Board announces its intention to recommend to
shareholders for approval at the Company's Annual General Meeting
in January 2024 the appointment of Ernst & Young LLP ("EY") as
auditor of the Company for the financial year ending 30 September
2024.
Deloitte LLP ("Deloitte"), the Company's current auditor, will
step down following completion of the audit of the financial year
ending 30 September 2023. A formal handover process will be
undertaken to ensure a smooth and effective transition from
Deloitte to EY.
The Board would like to thank Deloitte for their service and
support as the Group's auditors since their appointment. We look
forward to working with EY in the future.
Further details of the audit tender process and evaluation
criteria will be included in our FY 23 Annual Report, which is due
to be published in December 2023.
About Auction Technology Group plc
Auction Technology Group plc ("ATG") is the operator of world
leading marketplaces and auction services for curated online
auctions, seamlessly connecting bidders from around the world to
over 3,800 trusted auction houses across two major sectors:
Industrial & Commercial ("I&C") and Art & Antiques
("A&A").
The Group powers eight online marketplaces and listing sites
using its proprietary auction platform technology, hosting in
excess of 70,000 live and timed auctions each year. ATG has been
supporting the auction industry since 1971 and the Company has
offices in the UK, US and Germany.
LEI: 213800U8Q9K2XI3WRE39
Enquiries
ATG
For investor enquiries
investorrelations@auctiontechnologygroup.com
Company Secretary cosec@auctiontechnologygroup.com
Teneo Communications +44 207 353 4200
(Public relations advisor to ATG) ATG@teneo.com
Tom Murray, Matt Low, Arthur Rogers
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