About - Group Structure - Trident

About / News

News details

COMPANY ANNOUNCEMENT: Change of Auditors 2/7/2024

The following is a Company Announcement issued by Simonds Farsons Cisk p.l.c. (the “Company”) pursuant to Chapter 5 of the Capital Markets Rules as issued by the MFSA in accordance with the provisions of the Financial Markets Act (Chapter 345 of the Laws of Malta) as they may be amended from time to time.

Change of Auditors

The Company announces that in accordance with the provisions of Article 151A of the Companies Act (Cap 386), the incumbent statutory auditors, namely PricewaterhouseCoopers (PwC) will conduct their last permissible statutory audit of the Company and its subsidiaries (the “Group”) for the financial year ending 31 January 2024.

Accordingly, the Audit and Risk Committee of the Group has been overseeing the process for the selection of a new firm for appointment as statutory auditors to the Group with effect from financial year ending 31 January 2025.  

Following the issuance of a request for proposals, a comprehensive evaluation of the submissions received, and presentations made, the Board of Directors has resolved that it will be recommending the appointment of Deloitte Audit Limited as the statutory auditors at the next Annual General Meeting of the Company. 

By order of the Board

Nadine Magro
Company Secretary