Change of Auditor

RNS Number : 5902H

Rosslyn Data Technologies PLC

17 March 2015

 

17 March 2015

Rosslyn Data Technologies plc

("Rosslyn" or "the Company")

Change of auditor

Rosslyn Data Technologies plc (AIM: RDT), a leading provider of a cloud-based enterprise data analytics platform, has commenced discussions with PricewaterhouseCoopers LLP (PwC) regarding a potential joint business arrangement.  PwC tendered their resignation as auditor to the Company to ensure that there are no conflicts of interest or independence issues that may arise in the future.  The directors of the Company have appointed Grant Thornton UK LLP (GT) to replace PwC as auditors to the Company.  GT will act as auditors for the financial year ending 30^th April 2015.

Charles Clark, CEO said,

"Having built a strong and trusted relationship with our PwC audit team over the last two years we will greatly miss their extremely valuable service. However, as we hope that in the future we may be able to work together with PwC as a business partner it makes sense to recognise this potential future conflict now and make the necessary adjustments. I look forward to keeping you up to date on progress.

"Despite these necessary changes we greatly look forward to building an equally strong relationship with Grant Thornton in the months ahead."

Enquiries:

Rosslyn Data Technologies plc	Charles Clark, Chief Executive Officer Francis Reid, Chief Financial Officer	[phone]
Blytheweigh - Financial PR	Tim Blythe	[phone] [phone]
	Alex Shilov	[phone] [phone]
Cenkos Securities - Nominated Adviser, Broker	Stephen Keys Mark Connelly	[phone]

Notes to Editors

Rosslyn Data Technologies plc, (AIM: RDT), a leading global data technology company was founded in 2005 by Charles Clark and Hugh Cox. Business Intelligence was ranked first in the top ten technology priorities for Chief Information Officers in 2012 by Gartner. The Company provides analytical services by combining four key technologies: data extraction; cleansing; enrichment; and visualisation, through a single cloud platform enabling users with detailed data to make more informed decisions. Rosslyn's RAPid platform is the Group's primary product available to its multinational customers, including Aberdeen Asset Management plc, Babcock Corporate Services plc, Xerox Business Services and Coca-Cola Enterprises, Inc. Rosslyn Data Technologies plc is the ultimate holding company of the Group and owns 100 per cent of Rosslyn Analytics Limited. Rosslyn Analytics Inc. is a 100% owned subsidiary of Rosslyn Analytics Limited.

Further information can also be found on the Company's website at:  www.rosslynanalytics.com

 

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