Change of Auditor

RNS Number : 3497Q
Sanderson Design Group PLC
27 October 2021
 

For immediate release

   27 October 2021

 

 

SANDERSON DESIGN GROUP PLC

("Sanderson Design Group", the "Company" or the "Group")

 

Change of Auditor

 

Sanderson Design Group PLC (AIM: SDG), the luxury interior design and furnishings group, announces the appointment of BDO LLP ("BDO") as the Company's external auditor with effect from 26 October 2021. This appointment follows a competitive tender process detailed in the Company's Annual Report & Accounts 2021 and led by the Company's Audit Committee.

PricewaterhouseCoopers LLP ("PwC"), which did not participate in the tender process owing to their length of tenure as the Group's auditor, has formally resigned and provided a statement confirming that there are no matters that need to be brought to the attention of the Company's shareholders or creditors.

BDO will audit the Company's financial statements for the year ending 31 January 2022. The re-appointment of BDO as auditor for the following financial year will be subject to shareholder approval at the Annual General Meeting of the Company to be held in 2022.

The Board wishes to express its thanks to PwC for their service and support over the period of their tenure.

 

 

For further information:

 

Sanderson Design Group PLC

 

c/o Buchanan +44 (0) 20 7466 5000

Lisa Montague, Chief Executive Officer


Michael Williamson, Chief Financial Officer


Caroline Geary, Company Secretary




Investec Bank plc (Nominated Adviser and Broker)

+44 (0) 20 7597 5970

David Anderson / Alex Wright / Ben Farrow




Buchanan

+44 (0) 20 7466 5000

Mark Court / Sophie Wills / Toto Berger


SDG@buchanan.uk.com

 

 

 

Notes for editors:

About Sanderson Design Group

Sanderson Design Group PLC is a luxury interior furnishings company that designs, manufactures and markets wallpapers, fabrics and paints. In addition, the Company derives licensing income from the use of its designs on a wide range of products such as bed and bath collections, rugs, blinds and tableware.

Sanderson Design Group's brands include Zoffany, Sanderson, Morris & Co., Harlequin, Scion, Clarke & Clarke and Archive by Sanderson Design.

The Company has a strong UK manufacturing base comprising Anstey wallpaper factory in Loughborough and Standfast & Barracks a fabric printing factory, in Lancaster. Both sites manufacture for the Company and for other wallpaper and fabric brands.

Sanderson Design Group employs approximately 600 people and its products are sold worldwide. It has showrooms in London, New York, Chicago, Paris, Amsterdam and Dubai.

Sanderson Design Group trades on the AIM market of the London Stock Exchange under the ticker symbol SDG.

For further information please visit: www.sandersondesigngroup.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
APPPPGCCUUPGGMQ
UK 100

Latest directors dealings