Accelerate Property Fund Delays Results Release Due to Audit Finalization

  • Accelerate Property Fund Limited delays the publication of financial results for the year ended March 31, 2024.
  • The results will be released on July 15, 2024, instead of July 10, 2024.
  • The delay is due to the finalization of audited annual financial statements.

Accelerate Property Fund Limited, a company incorporated in South Africa, has announced a delay in the publication of its financial results. Initially, the results were set to be released on July 10, 2024. However, the company has now postponed this to July 15, 2024.

Reasons for Delay

The delay is attributed to the finalization process of the audited annual financial statements for the year ended March 31, 2024. This process has taken longer than anticipated, necessitating the postponement.

Previous Announcements

The company had informed shareholders and noteholders about the expected delay in a previous announcement. This was released on June 27, 2024, via the JSE Limited Stock Exchange News Service (SENS).

Conclusion

Accelerate Property Fund Limited’s proactive communication about the delay is crucial. By setting a new date and explaining the reasons, the company aims to maintain transparency and trust with its investors.