Value and Income Trust plc Change of Auditor (8261G)
19 March 2020 - 11:39PM
UK Regulatory
TIDMVIN
RNS Number : 8261G
Value and Income Trust plc
19 March 2020
VALUE AND INCOME TRUST PLC (the "Company")
Change of Auditor
Following a formal audit tender process, Value and Income Trust
PLC is pleased to announce the appointment of BDO LLP ("BDO") as
its new auditor with effect from 19 March 2020. BDO will conduct
the audit of the Company's financial statements for the financial
year to 31 March 2020. The appointment of BDO as auditor for the
following financial year will be subject to approval by
shareholders at the 2020 Annual General Meeting of the Company.
In accordance with section 519 of the Companies Act 2006, Grant
Thornton UK LLP ("Grant Thornton") 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 Grant Thornton resigned as auditor of the Company
because the Company held a competitive tender and they were not
re-appointed. 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 looks forward to working with BDO in the future.
Enquiries:
Mandy Kelly, Maven Capital Partners UK LLP, Company Secretary: Tel: +44 (0) 141 306 7400
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END
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