UKLA 6.4.9(1)R disclosure

Summary by AI BETAClose X

Savills PLC has been informed that John Waters, a Non-Executive Director and Chair of the Audit Committee, was censured by the Financial Reporting Council for his historical role as an audit engagement partner at PwC concerning the 2019 and 2020 financial years of Babcock International Group Plc. This censure does not pertain to Savills or its group members, and the Board remains confident in Mr. Waters' suitability and effectiveness in his current role.

Disclaimer*

Savills PLC
16 July 2026
 

16 July 2026

SAVILLS PLC

 

("Savills" or "the Company")

 

UKLA 6.4.9(1)R disclosure

Savills plc announces that, pursuant to UKLR 6.4.9R(1), it has been informed by John Waters, a Non-Executive Director and Chair of the Audit Committee of the Company, that the Financial Reporting Council has today announced it has censured him, in his then capacity as audit engagement partner at PwC, in relation to the statutory audit of the consolidated financial statements of Babcock International Group Plc for the financial years ended 31 March 2019 and 31 March 2020. The matter solely relates to John Water's historical role at PwC and does not relate to the Company or any member of the Savills group. PwC was similarly censured.

The Board has considered the matter and, based on the information available, remains satisfied that John Waters continues to be effective in, and suitable for, his role as a non-executive director of the Company.

 

For further information, contact:

 

 

Chris Lee

020 3107 5431

 

Susie Bell

020 7499 8644

 

Nick de Bunsen - Teneo
Anthony Di Natale - Teneo

020 7260 2700

 

 

 

 

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