Last checked at 17 Nov 2016 07:00
Issued on behalf of AssetCo plc
Immediate Release
17 November 2016
AssetCo plc
("AssetCo" or the "Company")
Contract update
AssetCo announces that the trading and performance on the principal contract in Abu Dhabi ("the Contract") which has been supplied by the Company since March 2010, continues to perform in line with management's expectations.
The Contract which is due for renewal on 17 November 2016 and AssetCo is in the final stages of negotiation to extend the Contract for a period of at least one year. In the interim period, the Contract will continue to perform under existing terms and the Company will provide an update on the Contract extension before the end of the year.
Enquiries: |
Tudor Davies, Chairman |
AssetCo plc |
Tel: +44 (0) 7785 703523 Or +44 (0) 20 7614 5900 |
Ticker AIM: ASTO.L www.assetco.com
|
John Llewellyn-Lloyd / Ciaran Walsh |
Arden Partners plc |
Tel: +44 (0) 20 7614 5900 |
Fiona Tooley |
TooleyStreet Communications |
Mobile: +44 (0) 7785 703 523 |
Email: fiona@tooleystreet.com |
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.