APR Energy shares slump after audit delay

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AccountingWEB.co.uk
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Listed energy company APR Energy was forced to issue a statement after failing to get its audited accounts done in time, causing a slump in its share price by 20%.

The company said in a statement:

“APR Energy plc announces it will issue its audited financial results for the fourteen month period ended 31 December, 2011, on Monday 16th April, 2012. This is later than was originally scheduled due to the complexities in reporting and accounting for the various corporate transactions which have taken place during the period.”

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