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Investegate |BioPharma Credit PLC Announcements | BioPharma Credit PLC: Notice of GM and Change in Proposed Auditor


NOTICE OF GENERAL MEETING aND CHANGE IN PROPOSED AUDITOR
The Company has today published a circular convening a general meeting in connection with the appointment of its auditor. On 25 May 2021, the Company published the notice of the Company s annual general meeting to be held on 17 June 2021 (the AGM ). The resolutions due to be put to Shareholders at the AGM include resolutions concerning the appointment of Ernst & Young, Chartered Accountants ( EY ) as auditor of the Company following an audit tender process carried out earlier this year.
Regrettably, EY has now informed the board of directors of the Company (the Board ) that it has come to light that the tax work carried out by its U.S. offices for the Company for previous financial years up to the financial year ending on 31 December 2020 technically precludes EY from accepting the proposed appointment as auditor for the year to 31 December 2021. As a result, the Board has concluded that resolutions 9 and 10 ....

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