Assetco Regulatory News (ASTO)

15 Feb 2008 17:15

AssetCo PLC15 February 2008 For immediate release 15 February 2008 AssetCo plc Shareholding Notification Following the recent placing of a total of 3,359,935 new ordinary shares inAssetCo plc (the "Company") announced on 7 February 2008, the Company's totalissued share capital is now 71,832,554. Significant shareholders and directors' holdings: Before Placing After Placing Shareholder Number of Percentage of Number Percentage of Shares issued share of Shares issued share capital capital Marcus John Shannon 26,963,327 39.8 26,963,327 37.5Raymond Francis Flynn 7,175,000 10.5 7,175,000 10David Michael Smith 2,775,637 4.1 2,775,637 3.9 The Company has also been informed today that Mr. Denis Mellon sold 2,775,637ordinary shares of 25p in AssetCo plc at a price of £1.88 per share on 14thFebruary. As a result Mr. Mellon no longer owns any shares in AssetCo plc andis no longer a significant shareholder in the company. Enquiries: AssetCo plc +44 (0) 20 8515 3999John Shannon, Chief Executive OfficerFrank Flynn, Chief Finance Officer Hoare Govett Limited +44 (0) 20 7678 8000NOMADStephen Bowler/ Richard Crichton Buchanan Communications +44 (0) 20 7466 5000Tim Anderson/ Isabel Podda This information is provided by RNS The company news service from the London Stock Exchange