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Resignation of Auditors
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
RESIGNATION OF AUDITOR
Shareholders are advised that the auditor of the Company had sent a letter of resignation to the
Company on 23 June 2023. The resignation was due to non-payment of fees for professional services.
The financial director had agreed payment terms but was not aware of the letter of resignation. When
the Company became aware, the JSE was alerted to the resignation, which had not been announced.
The Company wanted to approach Mazars with a view to Mazars withdrawing the resignation.
At the Annual General Meeting held yesterday, the reappointment of the auditors was approved to
facilitate these discussions but the Company has been advised today that Mazars will not consider the
withdrawal of their resignation.
Accordingly, shareholders are advised of the resignation of Mazars for the reason stated above and are
informed that the Company will begin the process of appointing new auditors with immediate effect.
By Order of the Board
CAPE TOWN
1 September 2023
SPONSOR
AcaciaCap Advisors Proprietary Limited
Date: 01-09-2023 05:29:00
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