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LONDON - Integrated Accommodation Services Plc, a provider of accommodation solutions, announced today a delay in the release of its annual report and accounts for the year ended December 31, 2024. The report, initially expected to be published around April 30, 2025, is now anticipated to be available on or before May 31, 2025.
The deferral is attributed to additional procedures required to adhere to security protocols associated with a complex confidentiality agreement with a government entity. This has necessitated a thorough review and verification process, which has prolonged the audit’s preparatory phase, now being conducted by the company’s recently appointed audit firm, BDO LLP.
The company has expressed its commitment to completing the audit promptly and has apologized to shareholders and stakeholders for any inconvenience caused by this postponement. Integrated Accommodation Services has assured that it recognizes the significance of timely financial disclosures and is actively working with its auditors to expedite the process.
Shareholders and the market will be kept informed of any significant updates concerning the publication of the delayed financial statements. This announcement is based on a press release statement issued by the company.
The delay in the publication of Integrated Accommodation Services’ financial results may draw attention from investors and market watchers, as the company navigates the complexities of compliance with government-related confidentiality requirements. The London Stock Exchange (LON:LSEG)’s news service RNS, approved by the Financial Conduct Authority, provided the initial information.
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