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LONDON - GSTechnologies Limited (LSE:GST), a fintech company, announced Wednesday the appointment of RPG Crouch Chapman LLP (RPGCC) as its new auditor with immediate effect, following the resignation of Moore Kingston Smith LLP (MKS).
According to a company press release, MKS resigned on August 12, 2025, after reviewing their audit portfolio risk profile and deciding to exit assignments with listed clients involved in cryptocurrency trading and assets. As a result, MKS will not complete the final audit process for GST’s consolidated financial statements for the year ended March 31, 2025.
MKS had only recently become GST’s auditor in May 2025 following the merger of the company’s previous auditor, Shipleys LLP, with MKS.
The departing auditor confirmed there are no circumstances related to their resignation that should be brought to the attention of the company’s members or creditors. MKS stated that GST’s consolidated financial statements for FY25 are "in good and proper order" and ready for review by RPGCC. The two firms will cooperate to ensure a smooth handover of audit work completed thus far.
GST is working with RPGCC to publish its audited report and accounts for FY25 as soon as possible and will request restoration of its listing once published. Despite the temporary suspension of the company’s listing from the Official List and trading of its ordinary shares, GST will continue to make announcements as required under UK Listing Rules and UK Market Abuse Regulation.
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