Utilico Emerging Markets Trust Appoints New Auditor
Why we think this is neutral
This is a routine regulatory announcement regarding a change in the company's auditor. It does not contain any information about the company's financial performance, operations, or future prospects. Changes in auditors are common and do not necessarily indicate any underlying issues.
Key Points
- Utilico Emerging Markets Trust PLC has appointed BDO LLP as the company's new auditor
- KPMG LLP has ceased to be the company's auditor and has provided a statement of reasons for its resignation
Summary
The trust has appointed a new auditor, BDO LLP, replacing KPMG LLP. This is a standard regulatory announcement with no material impact on the business.
Utilico Emerging Markets Trust PLC has appointed BDO LLP as the company's new auditor for the financial year ending 31 March 2025, replacing KPMG LLP. KPMG has provided a statement of reasons for its resignation, which will be made available on the company's website and the National Storage Mechanism.
Key Dates
31 March 2025
General
Financial year end for which BDO LLP will be the new auditor
Impact Score: 2
September 2025
General Meeting
BDO LLP's appointment as auditor to be subject to shareholders' approval at the company's next Annual General Meeting
Impact Score: 3
GENERAL UPDATE