Outcome of Audit Tender
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Barratt Redrow plc
Outcome of Audit Tender
2 July 2026: Barratt Redrow plc (the "Company") announces that, following the conclusion of a formal, competitive audit tender process initiated in 2025 and led by the Audit and Risk Committee, the Board has approved the proposed appointment of Ernst & Young LLP ("EY") as its external auditor. EY's appointment will take effect from, and including, the financial year ending 2 July 2028, and will be subject to shareholder approval at the Company's 2027 Annual General Meeting.
In accordance with UK legislation, the Company is required to put the statutory audit out to tender every 10 years and to rotate its auditor at least every 20 years. Deloitte LLP ("Deloitte"), the Company's current auditor, was first appointed in 2007 and was reappointed following a competitive tender in 2017. Consequently, a new auditor must be appointed to audit the Annual Report and Financial Statements for the year financial year ended 2 July 2028. Deloitte will continue in its role as external auditor for the financial years ending 28 June 2026 and 4 July 2027, with the latter subject to shareholder approval at the Company's 2026 Annual General Meeting.
The Board would like to thank Deloitte for its significant contribution as the Company's auditor and would also like to extend its thanks to those firms that participated in the audit tender process.
Further information on the audit tender process will be included in the Company's 2026 Annual Report and Accounts.
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Contacts |
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John Messenger, Group Investor Relations Director |
07867 201763 |
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Kathryn Hudson, Group Company Secretary |
01530 278278
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LEI: 2138006R85VEOF5YNK29 |
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