Harbour Energy PLC Result of Audit Tender (2913W)
April 22 2021 - 4:00AM
UK Regulatory
TIDMHBR
RNS Number : 2913W
Harbour Energy PLC
22 April 2021
Harbour Energy plc
(the "Company")
Result of Audit Tender
22 April 2021
The Board of Harbour Energy plc announces its intention to
appoint Ernst & Young LLP ('EY') as its auditor for the year
ending 31 December 2021. The appointment of EY will be recommended
to the Company's shareholders for approval at the 2021 Annual
General Meeting.
This follows a competitive tender process between the incumbent
external auditors for Chrysaor Holdings Ltd and Premier Oil plc
prior to the recent merger. The Audit and Risk Committee agreed to
a more limited tender due to the merger and the tight timetable to
the 2021 Half Year Results however the appointment will be
effective for up to five years at which point the Company will run
a full competitive tender process. The tender was actively overseen
by the Audit and Risk Committee, and resulted in a recommendation,
which was approved by the Board.
Alan Ferguson, Chair of the Audit and Risk Committee,
commented:
"I would like to express my sincere thanks to PwC for their
support to Chrysaor since 2018 and we look forward to working with
EY over the coming years."
Enquiries
Elizabeth Brooks, Head of Investor Relations Tel: 020 7824
1116
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