You are here

Appointment of Deloitte LLP as Auditor

Categories

24 March 2017
 
PZ CUSSONS PLC
 
Appointment of Deloitte LLP as Auditor
 
PZ Cussons plc ("PZ Cussons" or the "Company") today announced that the Board has approved the proposed appointment of Deloitte LLP as external auditor for the financial year commencing 1 June 2017. This follows the conclusion of a competitive tender process led by the Audit & Risk Committee. The appointment of Deloitte is subject to shareholder approval at the Annual General Meeting to be held in September 2017.
 
PwC, the Company's present external auditor, will continue to undertake the audit for the current financial year.
 
The Board extends its thanks to PwC for the support and services which it has provided over the course of its appointment.
 
- Ends -
   
For further information contact:
 
PZ Cussons Plc

Brandon Leigh - Chief Financial Officer
0161 435 1016
 
Instinctif Partners

Tim Linacre
020 7457 2020
 
 
Notes to editors:
 
PZ Cussons Plc is listed on the London Stock Exchange with a market capitalisation of c. £1.4bn. The Group operates across Europe, Asia-Pacific and Africa with leading brands in Personal Care, Homecare, Electrical Goods and Food and Nutrition.
 
In the 2016 Annual Report, the Company announced its intention to launch a competitive audit tender process during the year ending 31 May 2017. Annual appointment of external auditors by AGM is required under UK law. UK and EU law now requires an auditor's maximum period as auditor to a listed company to be 20 years, with a competitive tender process required at least once every 10 years.

Notice of Adoption of FRS 101: Reduced Disclosure Framework for Parent Company reporting

The Financial Reporting Council (FRC) (the body responsible for setting UK standards for accounting, auditing and actuarial work) has published a number of new financial reporting standards which replace UK Generally Accepted Accounting Practice (UK GAAP) in its entirety.

Read More...

Final Results for the year ended 31 May 2016

PZ Cussons Plc announces its final results for the year ended 31 May 2016.

Read More...

Investor presentation for the half year 30 November 2016

Click here to view the investor presentation for the half year 30 November 2016

Read More...