Audit Tender Outcome
Summary by AI BETAClose X
12 February 2026
AUTOTRADER GROUP PLC ("Company")
OUTCOME OF AUDIT TENDER PROCESS
The Company announces that, following the conclusion of a formal competitive tender process led by the Audit Committee, the Board has approved the re-appointment of KPMG LLP ("KPMG") as external auditor to take effect from, and including, the financial year ending 31 March 2027.
In line with applicable UK legislation, the Company is required to tender the statutory audit every 10 years and rotate every 20 years. We disclosed in our 2025 Annual Report & Accounts that a tender process would be conducted, given that KPMG was initially appointed as statutory auditor with effect from the financial year ending 31 March 2017. Further details of the audit tender process will be included in the 2026 Annual Report and Accounts. This appointment is subject to shareholder approval at the Company's 2026 Annual General Meeting.
The Board of Directors would like to thank KPMG for their continued service as the Company's auditor and acknowledge the time and commitment of the other firms that participated in the tender process.
Enquiries:
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Sodali & Co
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+44 (0) 20 7250 1446 |
About Autotrader
Autotrader Group plc is the UK's largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Autotrader's purpose is Driving Change Together. Responsibly. Autotrader is committed to improving car buying and selling in the UK, to building stronger partnerships with customers, using its influence to drive more environmentally friendly vehicle choices and enabling this through a culture that enables our people to develop and perform. With the largest number of car buyers and the largest choice of trusted stock, Autotrader's marketplace sits at the heart of the UK car buying process. That marketplace is built on an industry-leading technology and data platform, which is used by partners across the automotive industry. Autotrader is evolving to create an improved buying experience where buyers can do more online, whilst enabling all its retailer partners to improve performance through more sophisticated data and technology solutions.
Autotrader publishes a monthly used car Retail Price Index which is based on pricing analysis of circa 800,000 unique vehicles. This data is used by the Bank of England to feed the broader UK economic indicators.
For more information, please visit: https://plc.autotrader.co.uk/
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