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UV Modular Ltd

15 Jan 2010 10:30

RNS Number : 6210F
AssetCo PLC
15 January 2010
ย 

๏ปฟ

Januaryย 15thย 2010

UVย Modular Ltd

AssetCo plc, (AIM : ASTO) the integrated support services business, announcesย today that its vehicle assembly businessย ย UV Modular Limited (UVM)ย has been placed intoย Administrationย 

This action is in line with the statement made at theย publication of the Groupsย interim results on 7thย December 2009,ย thatย following a strategic reviewย conducted earlier in the year itย would seek to exit from its low margin businessesย andย focus onย the furtherย development ofย growthย opportunities asย aย fully integrated support services company.

Theย tradingย atย AssetCo plcย remains in line to meetย market expectations.

Enquiries:

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

ย 

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