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Essentially Grp PLC - Change of Auditor


Announcement provided by

Essentially Group PLC · ESSN

15/06/2023 07:00

Essentially Grp PLC - Change of Auditor
RNS Number : 7622C
Essentially Group PLC
15 June 2023
 

ESSENTIALLY GROUP PLC

 

("Essentially" or "the Company'')

 

Change of Auditor

 

Essentially Group PLC (AQSE: ESSN) a leading health food company in the UAE delivering high quality nutrition (wellness shots, functional juices, lemonades, nut milks, single origin fruit juices and healthy snacks) to its customers, is pleased to announce that the Board has approved the appointment of MAH Chartered Accountants ("MAH") as auditors to the Company with immediate effect.

 

Gravita Audit Limited has notified the Company that, it does not currently have sufficient capacity to satisfy its regulatory requirements in respect of its engagement with the Company and is, therefore, required to resign as auditor.

 

Gravita Audit Limited has confirmed that there are no circumstances connected with their resignation which they consider should be brought to the attention of the Company's members or creditors in accordance with Section 519 of the Companies Act 2006.

 

The Company will change its year end to 31 December to be aligned with its subsidiaries. Therefore, the first annual results for the Group will be for the period ending 31 December 2023, which will be released on or before 30 June 2024. The audited results for the trading subsidiary, Essentially Juices Manufacturing LLC, for the year ended 31 December 2022 are currently being finalised, and the Group will release a summary of these results by way of a trading update on or before 30 June 2023.

 

 

The Directors accept responsibility for this announcement.

 

- end -

 

For further information, please contact:

 

Essentially Group Plc


Raja W Abuljebain, CEO

Tel: +97156 6440676 


https://essentiallyplc.com

AQSE Exchange Corporate Adviser


Alfred Henry Corporate Finance Ltd


Nick Michaels

Tel: +44 (0) 20 3772 0021


www.alfredhenry.com

Broker


Clear Capital Markets Ltd


Andrew Blaylock

Tel: +44 (0)20 3869 6082

 

https://clearcapitalmarkets.co.uk

 

About Essentially Group PLC

 

Essentially's mission and strategy is the acquisition, holding and development of companies active in the health food and beverages market.  Essentially's wholly owned operating subsidiary in the United Arab Emirates ("UAE"), Essentially Juices Manufacturing LLC ("EJM"), offers premium quality wellness shots, functional juices, lemonades, nut milks, single origin fruit juices and healthy protein snacks. EJM has a manufacturing facility in Dubai where the beverages are produced and is active in the UAE and Kingdom of Saudi Arabia fruit and vegetable juice market.

 

For more information on the Company please visit  https://essentiallyplc.com/

 

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