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Quarterly Update Announcement - Suspension
AREIT PROP LIMITED
Approved as a REIT
(Incorporated in the Republic of South Africa)
(Registration number 2021/837953/06)
("aReit Prop" or "the Company")
ISIN Code: ZAE000306585 | JSE Code: APO
QUARTERLY UPDATE ANNOUNCEMENT - SUSPENSION
In terms of paragraph 1.11(c) of the JSE Listings Requirements, the Company is required to provide
an update to shareholders regarding the current state of affairs of the Company until the
suspension is lifted.
The Company remains in the final stages of completing its audited annual financial statements for
the year ended 31 December 2023 as the Auditors are still waiting for the third party confirmations
from the auditors of some of the tenants and so still cannot sign off the audit opinion. Due to the
reliance on third parties, a final timeline cannot be determined.
The Company is already engaging in the audit for the year ended 31 December 2024, which is
expected to be completed quickly due to the various technical matters having been resolved.
The preparation of the interim results for the six months ended 30 June 2024 has also commenced.
The Company will become compliant with the JSE Listings Requirements once it has issued its
audited Annual Financial Statements for both 31 December 2023 and 2024, the Annual Reports
have been distributed to shareholders and the interim results for the six months ended 30 June
2024 are published.
BY ORDER OF THE BOARD
Cape Town
3 July 2025
Designated Advisor
AcaciaCap Advisors Proprietary Limited
Date: 03-07-2025 05:00:00
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