20 June 2018
Idox plc
('Idox' or the 'Group' or the 'Company')
Change of Auditor
Idox plc, a leading supplier of specialist information management solutions and services, is pleased to confirm the appointment of Deloitte LLP ("Deloitte") as the Company's auditor with effect from 19 June 2018 following the resignation of Grant Thornton UK LLP ("Grant Thornton") on 14 June 2018. This is further to the announcement on 29 May 2018, signalling the intention to appoint Deloitte.
In accordance with section 520(2) of the Companies Act 2006, a communication will shortly be sent to shareholders of the Company for information only in relation to the statutory statement received from Grant Thornton in connection with its resignation as the Company's auditor. The reason given by Grant Thornton was that challenges during the conduct of the statutory audit of the financial statements for the year ended 31 October 2017 strained the working relationship with the Board.
A copy of the section 519 statement of reasons provided by Grant Thornton is available to view on the Company's website using the URL below:
http://www.idoxgroup.com/investors/regulatory-news/
Laurence Vaughan, Chairman of Idox said:
"We are pleased to have appointed Deloitte as our new auditors, a change we decided to make following the lengthy audit process for the last financial year. We look forward to developing a constructive, long-term relationship with Deloitte."
Enquiries:
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Idox plc |
+44 (0) 870 333 7101 |
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Laurence Vaughan, Chairman |
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David Meaden, Chief Executive |
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Jane Mackie, Chief Financial Officer |
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N+1 Singer (NOMAD and Broker) |
+44 (0) 20 7496 3000 |
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Shaun Dobson |
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Liz Yong |
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MHP (Financial PR) |
+44 (0) 20 3128 8100 |
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Reg Hoare |
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Charlie Barker |
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About Idox plc
Idox is the leading applications provider to UK local government for core functions relating to land, people and property, such as its market leading planning systems and election management software.
Over 90% of UK local authorities are now customers. Idox provides public sector organisations with tools to manage information and knowledge, documents, content, business processes and workflow as well as connecting directly with the citizen via the web, and providing elections management solutions. It also supplies in the UK and internationally, decision support content such as grants and planning policy information and corporates compliance services. Idox delivers engineering document control, project collaboration and facility management applications to many leading companies in industries such as oil & gas, architecture and construction, mining, utilities, pharmaceuticals and transportation in North America and around the world.
The Group employs over 850 staff located in the UK, North America, Europe, India and Australia.