RNS Number : 6566A

Watchstone Group PLC

23 January 2020

Watchstone Group plc

("Watchstone" or the "Company" or the "Group")

Change of Auditor

Watchstone announces that it has appointed BDO LLP as its auditor in a process overseen by its Audit Committee. The change of auditor is part to the Group's continued focus on reducing costs. The appointment of BDO LLP will be subject to approval by shareholders at the next AGM to be held later this year. KPMG LLP, the outgoing auditor, has stated that there are no matters to be brought to the attention of shareholders under Section 519 of the Companies Act 2006.

For further information:

 Watchstone Group plc                     Tel: 03333 448048 
 WH Ireland Limited, Nominated Adviser   Tel: 020 7220 1666 
  and broker 
  Chris Hardie 
  Lydia Zychowska 

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(END) Dow Jones Newswires

January 23, 2020 02:00 ET (07:00 GMT)