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adept4 plc - Extension of Audit Partner Tenure

RNS Number : 9302T
adept4 plc
19 November 2019

19 November 2019

Adept4 plc


("Adept4", or the "Group")


Extension of audit partner's tenure



Andrew Bond of Nexia Smith & Williamson has acted as Senior Statutory Auditor of Adept4, the AIM listed provider of 'IT as a Service', for a period of five years, his tenure commencing in the financial year ended 30 September 2014.              

The Group's Audit Committee informs Adept4 shareholders that it has sought, and received, the approval of Nexia Smith & Williamson to extend Mr Bond's tenure for one year beyond the five years normally permitted by the Financial Reporting Council's Ethical Standard ("the Ethical Standard"). This extension has been granted in the interests of maintaining audit quality and continuity following the acquisition of CloudCoCo Limited on 21 October 2019. This extension is permitted under the Ethical Standard and will enable Mr Bond to sign the auditor's report on the financial statements for the year ended 30 September 2019.


For further enquiries please contact:

Adept4 plc

SimoDuckworth, Non-Executive Chairman

01925 398 255


N+1 Singer (Nominated Adviser and Broker)

Peter Steel / Ben Farrow



020 7496 3000


MXC Capital Markets LLP

Charlotte Stranner



020 7965 8149



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