ITV PLC Change of Auditor from 2021 (1049U)
21 November 2019 - 1:52AM
UK Regulatory
TIDMITV
RNS Number : 1049U
ITV PLC
20 November 2019
ITV plc ("ITV" or the "Company")
Change of Auditor from 2021
20 November 2019
The Company announces that, following the conclusion of a formal
competitive tender process led by its Audit and Risk Committee, the
Board has approved the proposed appointment of
PricewaterhouseCoopers LLP ("PwC") as its external auditor to take
effect from, and including, the financial year ending 31 December
2021.
The appointment of PwC will be recommended to shareholders for
approval at ITV's Annual General Meeting in 2021. KPMG LLP ("KPMG")
will continue in its role as external auditor to ITV for the
current and following financial years ending 31 December 2019 and
31 December 2020 respectively. KPMG did not participate in the
tender due to the length of its current appointment. Further
disclosure on the formal competitive tender process conducted by
the Audit and Risk Committee will be set out in ITV's 2019 Annual
Report.
Margaret Ewing, Chair of ITV's Audit and Risk Committee, said:
"We would like to thank KPMG for its significant contribution as
ITV's auditors over recent years. Subject to shareholder approval
at the 2021 AGM, we look forward to working with
PricewaterhouseCoopers LLP in the future."
For further details, please contact:
Investor Relations
Pippa Foulds +44 20 7157 6555 or +44 7778
031097
Media Relations +44 7860 794444
Paul Moore +44 20 7157 3023 or +44 7764
Grant Cunningham 210742
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END
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