Change of Auditor

RNS Number : 5703V

Spirax-Sarco Engineering PLC

16 December 2013

 



News Release

Monday 16^th December 2013

Change of Auditor

Spirax-Sarco Engineering plc, the world leader in the control and efficient use of steam and in peristaltic pumping, announces that, in accordance with best practice, it proposes to appoint Deloitte LLP as its auditor for the year ending 31^st December 2014.  The appointment follows a recommendation by the Audit Committee, based on a comprehensive and thorough competitive tender process, and is subject to shareholder approval at the 2014 Annual General Meeting. 

KPMG Audit Plc has been the Group's auditor for a considerable period and the Board would like to thank them for their contribution over the years.

We look forward to a constructive and professional relationship with Deloitte, in support of the Audit Committee's responsibility for oversight over the integrity of financial reporting.

There are no matters in connection with KPMG's prospective retirement as auditors which, in the view of the Board, need to be brought to the attention of shareholders.  In accordance with applicable legislative requirements in the United Kingdom, the Board will receive from KPMG, upon their retirement as auditors, notification of any circumstances which need to be brought to the attention of either the creditors or shareholders of the Company.

Enquiries:

David Meredith

Director, Finance

Tel:  [phone]

About Spirax Sarco

Spirax-Sarco Engineering plc is the world leader in both steam system management and peristaltic pumping.  The Company provides a broad range of fluid control products, engineered packages, site services and systems expertise for its diverse range of over 100,000 industrial and institutional customers.  The Company helps its customers to optimise production capacity, reduce energy costs and emissions, improve product quality and enhance the safety of their operations.  Spirax Sarco is headquartered in Cheltenham, England, has strategically located manufacturing plants around the world and employs approximately 4,700 people, of whom around 1,300 are direct sales and service engineers.  Its shares have been listed on the London Stock Exchange since 1959 (symbol: SPX).  Further information can be found at  www.spiraxsarcoengineering.com

 

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