Change in Auditor for the 2019 financial year

Change in Auditor for the 2019 financial year

ID: 575294

(PresseBox) - Shareholders are referred to the Notice of Annual General Meeting (AGM), issued to shareholders on 29 March 2018 (available on https://www.sibanyestillwater.com/investors/financial-reporting/annual-reports/2017), which contains an ordinary resolution proposing the re-appointment of KPMG Inc. (KPMG) as the Group?s auditors, effective until the 2019 AGM. The Explanatory Notes to the Notice of AGM describe the detailed Auditor Suitability Review performed by the Audit Committee and the consequent recommendation, supported by the Board, to propose the re-appointment of KPMG (as well as the designated KPMG individual audit partner).

Following the on-going and more recent VSB Bank developments regarding, the Sibanye-Stillwater Board wishes to advise shareholders that a process of selecting a new independent external audit firm for the Group, with respect to the financial year ending 31 December 2019, will commence following the AGM on 30 May 2018. Shareholders will be kept informed of progress made in this regard.

FORWARD LOOKING STATEMENTS

This announcement includes ?forward-looking statements? within the meaning of the ?safe harbour? provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as ?target?, ?will?, ?forecast?, ?expect?, ?potential?, ?intend?, ?estimate?, ?anticipate?, ?can? and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. The forward-looking statements set out in this announcement involve a number of known and unknown risks, uncertainties and other factors, many of which are difficult to predict and generally beyond the control of Sibanye-Stillwater, that could cause Sibanye-Stillwater?s actual results and outcomes to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. These forward-looking statements speak only as of the date of this announcement. Sibanye-Stillwater undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this announcement or to reflect the occurrence of unanticipated events, save as required by applicable law.





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Bereitgestellt von Benutzer: PresseBox
Datum: 07.05.2018 - 09:16 Uhr
Sprache: Deutsch
News-ID 575294
Anzahl Zeichen: 2492

contact information:
Town:

Johannesburg



Kategorie:

Financial Services & Insurance



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