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  5. Capital Reduction - Result of Court Hearing

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Share Price Information for Assetco (ASTO)

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Share Price: 33.00
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Change: 0.00 (0.00%)
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Open: 33.00
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Capital Reduction - Result of Court Hearing

5 Aug 2020 13:13

RNS Number : 2510V
AssetCo PLC
05 August 2020
 

 

5 August 2020

 

 

AssetCo plc

("AssetCo" or the "Company")

Providers of management and resources to the fire and emergency services in the Middle East

 

Capital Reduction - Result of Court Hearing

 

AssetCo is pleased to announce that the Capital Reduction was confirmed by the Court at a hearing yesterday in the terms proposed by the Board in the Circular to Shareholders dated 10 June 2020.

 

The Capital Reduction will take effect upon the Order of the Court (the "Order") being lodged with, and registered by, the Registrar of Companies ("Registrar"). Due to the ongoing disruption caused by the pandemic it is anticipated that there may be a short delay in the Order being registered by the Registrar.

 

Unless the context requires otherwise, defined terms used in this announcement shall have the meanings given to them in the Circular dated 10 June 2020.

 

A copy of the Circular is available on the Company's website at www.assetco.com.

 

 

 

 

 

Enquiries:

AssetCo plc

Tudor Davies, Chairman

Tel: +44 (0) 7785 703523

+44 (0) 20 7614 5900

Arden Partners plc

Nominated adviser and broker

John Llewellyn-Lloyd/ Ciaran Walsh

Tel: +44 (0) 20 7614 5900

Tooley Street Communications

Fiona Tooley

Email: fiona@tooleystreet.com

Mobile: +44 (0) 7785 703523

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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