Assetco Regulatory News (ASTO)

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Statement re TVAC

18 Dec 2008 08:01

RNS Number : 3726K

AssetCo PLC

18 December 2008

AssetCo plc

TVAC - The Vehicle Application Centre Limited ('TVAC')

Placed into administration

AssetCo plc, (AIM : ASTO) the integrated support services business, announces that the Board has concluded it's strategic review of TVAC Ltd and due to continued losses there is no longer any prospect that TVAC, a wholly owned subsidiary, can operate as a going concern. Accordingly, it has been placed into administration today.

This action should have no material adverse affect on the financial performance of AssetCo plc.

The Joint Administrators are John Charles Reid and William Kenneth Dawson of Deloitte LLP, Saltire Court, 20 Castle Terrace, Edinburgh EH1 2DB

Enquiries:

AssetCo	Tel: +44 (0) 20 8515 3999
Frank Flynn, Financial Director
James Collins, Investor Relations

RBS Hoare Govett Limited	Tel: +44 (0) 20 7678 8000
Stephen Bowler
John MacGowan
Richard Crichton

Pelham PR	Tel: +44 (0) 207743 76670
Alex Walters
Francesca Tuckett

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCGUGMAPUPRUMR

Date		Source	Headline
15th Mar 2011	4:22 pm	RNS	Notification of Major Interest in Shares
15th Mar 2011	3:16 pm	RNS	Form 8.3 - [ASSETCO PLC]
15th Mar 2011	3:14 pm	RNS	Form 8.3 - [AssetCo PLC Ammendment]
15th Mar 2011	2:50 pm	RNS	Form 8.3 - Assetco PLC
15th Mar 2011	12:48 pm	RNS	Form 8.3 - [AssetCo Plc Replacement]
15th Mar 2011	12:23 pm	RNS	Rule 2.10 replacement
15th Mar 2011	12:16 pm	RNS	Form 8.3 - [AssetCo PLC]
15th Mar 2011	11:58 am	RNS	Form 8.5 (EPT/NON-RI)
15th Mar 2011	11:53 am	RNS	Form 8.3 - (AssetCo Plc)
15th Mar 2011	10:57 am	RNS	Form 8.3 - [AssetCo plc]
15th Mar 2011	7:00 am	RNS	Rule 2.10 Announcement
14th Mar 2011	2:16 pm	RNS	Statement regarding approach to Assetco
14th Mar 2011	7:00 am	RNS	Statement re Press Speculation
10th Mar 2011	12:21 pm	RNS	Notification of Major Interest in Shares
3rd Mar 2011	7:45 am	RNS	Proposed Placing of new Ordinary Shares
23rd Feb 2011	7:00 am	RNS	Company Update
21st Feb 2011	4:40 pm	RNS	Second Price Monitoring Extn
21st Feb 2011	4:35 pm	RNS	Price Monitoring Extension
21st Feb 2011	3:56 pm	RNS	Award of UAE Armed Forces Contract
21st Feb 2011	7:00 am	RNS	Company Update and Equity Fundraising
14th Feb 2011	7:00 am	RNS	Company Update and Offer Talks Discontinued
9th Feb 2011	2:53 pm	BUS	Form 8.3 - Assetco Plc
9th Feb 2011	12:15 pm	PRN	Form 8.3 - Assetco Plc
8th Feb 2011	3:47 pm	RNS	Update on Financing
8th Feb 2011	2:27 pm	PRN	Form 8.3 - Assetco Plc
4th Feb 2011	11:24 am	PRN	Form 8.3 - ASSETCO Plc
3rd Feb 2011	10:03 am	PRN	Form 8.3 - AssetCo Plc
2nd Feb 2011	12:25 pm	PRN	Form 8.3 - ASSETCO Plc
1st Feb 2011	2:18 pm	PRN	Form 8.3 - AssetCo Plc
1st Feb 2011	11:18 am	BUS	Form 8.3 - Assetco Plc
1st Feb 2011	10:43 am	PRN	Form 8.3 - ASSETCO Plc
31st Jan 2011	4:09 pm	RNS	Rule 2.10 Statement
31st Jan 2011	8:07 am	RNS	Statement re Press
23rd Dec 2010	10:03 am	RNS	Disposal
23rd Dec 2010	9:46 am	RNS	Notification of Major Interest in Shares
13th Dec 2010	7:00 am	RNS	Half Yearly Report
29th Nov 2010	12:03 pm	RNS	Interim results date
4th Oct 2010	7:00 am	RNS	Directorate Change
4th Oct 2010	7:00 am	RNS	Trading Update
18th Aug 2010	12:21 pm	RNS	Result of AGM
19th Jul 2010	2:55 pm	RNS	Annual Report and Accounts
8th Jul 2010	3:33 pm	RNS	Notification of Major Interest in Shares
25th Jun 2010	4:06 pm	RNS	Record Date
25th Jun 2010	7:00 am	RNS	Final Results
22nd Jun 2010	11:20 am	RNS	Preliminary Announcement date change
16th Apr 2010	12:33 pm	RNS	Holding(s) in Company
12th Apr 2010	7:00 am	RNS	Interim Management Statement
12th Mar 2010	4:03 pm	RNS	Director/PDMR Shareholding
5th Mar 2010	12:38 pm	RNS	Holding(s) in Company
4th Mar 2010	7:00 am	RNS	AssetCo Awarded ?40m UAE Government Contract

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