January 12, 2017 at 9:00 AM

Vectura announces that, as indicated in the Company's 2015 annual report and having completed the merger with Skyepharma PLC, it will shortly be undertaking a competitive tender process for the provision of its external audit starting from its 2017 financial year.

The Group intends to issue a Request for Proposal (RFP) on 30 January 2017 to a number of audit firms that have expressed an interest to tender. The criteria to be used to assess the tender will form part of the RFP.

These criteria will include the ability of any prospective external audit firm to provide appropriate geographic coverage (Vectura currently has direct activities in the UK, Switzerland, Germany, France and the US). Previous experience auditing a medium sized pharma group will also be essential.

Interested firms should send an expression of interest to Audit_tender@Vectura.com by midnight UK time on 27 January 2017.

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