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RNS Number : 1680F Quantum Data Energy PLC 21 May 2026
Quantum Data Energy PLC
(Incorporated in England and Wales)
(Registration Number: 12886458)
LEI :213800HFVHGJ9YGO9F71
Share code on the LSE: QDE
ISIN: GB00BNG90H86
Dated: 21 May 2026
Quantum Data Energy PLC
("Quantum", "QDE" or the "Company")
Appointment of New Auditor
London, UK - Quantum Data Energy PLC (LSE: QDE) is pleased to announce,
further to its RNS announcement dated 29 April 2026 (RNS Number: 2880C), that
the Board has made swift and excellent progress with filling the auditor
casual vacancy under section 489(3) of the Companies Act 2006.
The Company is in advanced discussions with a number of audit firms in
connection with the appointment, and in certain cases has been approached by
those firms directly. Several of those firms have confirmed that they are
ready and willing to engage actively with the Company on the steps required to
take on the appointment, subject in each case to the satisfaction of their
internal acceptance and regulatory procedures. More than one firm have already
obtained internal clearance following review and consideration of all the
relevant information. Following review and consideration of the various
proposals received from the audit firms, the Board has selected a firm to
proceed with. That firm has significantly advanced the process to seek the
regulatory approval from the Financial Reporting Council ("FRC") required to
act as auditor of the Company as a Public Interest Entity, and has already
engaged with the former auditor in respect of the professional clearance under
paragraph 320 of the ICAEW Code of Ethics.
The Board expects to be in a position to announce the appointment of the new
auditor shortly.
As soon as the new auditor's appointment has been finalised, the Board and
management will work expeditiously with the new auditor to complete the audit
of the Company and to publish its annual report and accounts for the financial
year ended 31 December 2025 as soon as possible, in order to withdraw the
temporary suspension of its shares. The Board will provide a further update on
the revised reporting timetable in due course.
ENDS
This announcement contains inside information for the purposes of the UK
version of the Market Abuse Regulation (EU No. 596/2014) as it forms part of
United Kingdom domestic law by virtue of the European Union (Withdrawal) Act
2018 ('UK MAR'). Upon the publication of this announcement, this inside
information is now considered to be in the public domain.
Pieter Krügel contact@quantumdata.energy (mailto:contact@quantumdata.energy) Quantum Data Energy PLC CEO
Guy Wheatley, CFA +44 (0)203 4117773 Fortified Securities Corporate Broker
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