LONDON - Hays (LON:HAYS) PLC, a leading global professional recruiting group, announced the continuation of its relationship with PriceWaterhouseCoopers (PwC) as its external auditor for the financial year ending June 30, 2027. The decision follows a formal competitive audit tender process, adhering to UK regulatory requirements for audit rotation and tendering.
The company, which routinely assesses its audit services to ensure compliance and due diligence, disclosed in its 2024 Annual Report & Accounts that it would initiate a tender process. PwC, having served as Hays’ auditor since 2016, was reappointed after a comprehensive review led by the Audit and Risk Committee, which was conducted in line with the Financial Reporting Council’s Minimum Standard.
The reappointment is set to be effective from the financial year ending June 30, 2027, and is contingent upon shareholder approval at the company’s 2026 Annual General Meeting. Hays PLC will provide additional details regarding the audit tender process in its forthcoming 2025 Annual Report & Accounts.
The company’s decision to retain PwC reflects the outcome of the tender process designed to evaluate potential auditing services and maintain the highest standards of financial accountability. The process is part of the company’s adherence to UK legislation, which mandates the tendering of audit services every ten years and auditor rotation every twenty years.
This announcement is based on a press release statement and is intended to inform shareholders and the market about the outcome of the audit tender process. The information provided does not endorse any claims or services.
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