Barclays PLC Audit Tender (1175S)
July 03 2015 - 06:00AM
UK Regulatory
TIDMBARC
RNS Number : 1175S
Barclays PLC
03 July 2015
AUDIT TENDER
3 July 2015
Barclays PLC and Barclays Bank PLC (Barclays) announces its
intention to appoint KPMG as its auditor for the year ending 31
December 2017.
This follows a competitive tender process overseen by an Audit
Tender Oversight Sub-committee of the Barclays' Board Audit
Committee, resulting in a recommendation which was approved by the
Barclays Board.
PricewaterhouseCoopers LLP ("PwC"), Barclays' current auditor,
will continue in their role and will undertake the audit of
Barclays until the year ending 31 December 2016, subject to
reappointment by shareholders at the respective Annual General
Meetings. The appointment of KPMG will be recommended to Barclays'
shareholders for approval at the 2017 Annual General Meeting.
Tim Breedon, Chairman of the Barclays Audit Tender Oversight
Sub-committee, said: "We are pleased to have conducted what I
believe has been a very thorough, open and transparent audit tender
process, a description of which can be found on the Barclays
website (see note below). We thank PwC for their significant
contribution as Barclays' auditors. We look forward to working with
KPMG in the future."
-ENDS-
For further information, please contact:
Investor Relations Media Relations
Kathryn McLeland Candice Macdonald
+44 (0) 20 7116 5752 +44 (0)20 7116 4755
Note: A paper setting out the audit tender process is available
here.
About Barclays
Barclays is an international financial services provider engaged
in personal, corporate and investment banking, credit cards and
wealth management with an extensive presence in Europe, the
Americas, Africa and Asia. Barclays' purpose is to help people
achieve their ambitions - in the right way.
With 325 years of history and expertise in banking, Barclays
operates in over 50 countries and employs over 130,000 people.
Barclays moves, lends, invests and protects money for customers and
clients worldwide.
For further information about Barclays, please visit our website
www.barclays.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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