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UV Modular Ltd

15 Jan 2010 10:30

RNS Number : 6210F
AssetCo PLC
15 January 2010
 



January 15th 2010

UV Modular Ltd

AssetCo plc, (AIM : ASTO) the integrated support services business, announces today that its vehicle assembly business  UV Modular Limited (UVM) has been placed into Administration 

This action is in line with the statement made at the publication of the Groups interim results on 7th December 2009, that following a strategic review conducted earlier in the year it would seek to exit from its low margin businesses and focus on the further development of growth opportunities as a fully integrated support services company.

The trading at AssetCo plc remains in line to meet market expectations.

Enquiries:

AssetCo
Tel: +44 (0) 20 8515 3999
John Shannon, Chief Executive Officer
 
James Collins, Investor Relations
 
 
 
Pelham Public Relations
Tel: +44 (0) 20 7337 1550
Alex Walters
 
Francesca Tuckett
 
 
Arden Partners - NOMAD
 Tel: +44 (0) 20 7614 5932
 
Richard Day
 
Adrian Trimmings
 
 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Date   Source Headline
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