BT Group PLC
23 July 2026
23 July 2026
BT GROUP PLC ANNOUNCES OUTCOME OF AUDIT TENDER
BT Group plc ("BT") today announces that, following the conclusion of the formal tender process for the role of statutory auditor, it intends to appoint Ernst & Young LLP ("EY") as its external auditor for the financial year ending 31 March 2029. The appointment will be subject to shareholder approval at BT's 2028 Annual General Meeting.
The selection of EY has been approved by the BT Board and follows an extensive competitive tender process, which was overseen by the Audit & Risk Committee. The audit tender was conducted as a result of the requirement for public interest entities to undertake an audit tender at least every ten years.
KPMG LLP ("KPMG"), BT's current auditor, will continue in its role as external auditor for the financial years ending 31 March 2027 and 31 March 2028, the latter subject to shareholder approval. The Board would like to thank KPMG for its significant and continuing contribution as BT's auditor.
Further details of the audit tender process and selection criteria will be provided in BT's 2027 Annual Report and Accounts.
- ENDS -
About BT Group
BT Group is the UK's leading provider of fixed and mobile telecommunications and related secure digital products, solutions and services.
BT Group consists of three customer-facing units: Consumer serves individuals and families in the UK; Business covers companies and public services in the UK; and Openreach is an independently governed, wholly owned subsidiary wholesaling fixed access infrastructure services to its customers - over 700 communications providers across the UK. BT has announced that International, which serves multinational organisations headquartered outside the UK and overseas public sector customers, will be contributed into a new joint venture, expected to complete in the second half of 2027.
British Telecommunications Limited is a wholly owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on the London Stock Exchange.
For more information, visit www.bt.com/about
Enquiries
|
Press office: |
|
|
Jackie Bates |
Tel: 07496 691845 |
|
Investor relations: |
|
|
Nick Delfas |
Tel: 07377 120 540 |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
ENDRNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.