Change of auditors and accounting reference date (0803U)
December 15 2011 - 10:04AM
UK Regulatory
TIDMDOO
RNS Number : 0803U
D1 Oils Plc
15 December 2011
D1 Oils plc (the 'Company')
Appointment of Grant Thornton UK LLP as auditors, Change of
accounting reference date, appointment of CFO.
The Company is pleased to announce the appointment of Grant
Thornton UK LLP as auditors to the Company and Group on 15 December
2011. There are no circumstances associated with the resignation of
the previous auditors, Ernst & Young LLP, which need to be
brought to the attention of the members.
The Company also announces the change of its accounting
reference date from 31 December to 30 June. With the focus of the
business now in procuring Jatropha grain and expelling crude
Jatropha oil in India, the 30 June date falls in between the
natural Jatropha harvests in India and the Board believes this date
will allow the Company to more accurately report the Jatropha grain
collection it has achieved, the oil production from the grain, and
the sales of crude Jatropha oil.
The Directors intend that the interim results for the six months
ending 31 December 2011 will be released by 31 March 2012, and the
audited figures for the eighteen months ending 30 June 2012 are
intended to be released by 31 October 2012.
The Company is also pleased to announce Ian Wilson as CFO. Ian
is a Fellow of the Association of Chartered Certified Accountants
and was involved in the November fund raising for the Company.
Enquiries:
D1 Oils plc
Steven Rudofsky +44 (0) 20 7936 9104
WH Ireland
Chris Fielding +44 (0) 20 7220 0470
This information is provided by RNS
The company news service from the London Stock Exchange
END
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