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Further re: Agreement for Services

2 Apr 2015 12:32

RNS Number : 3321J
Insetco PLC
02 April 2015
 

2 April 2015

 

Insetco plc

("Insetco" or the "Company")

 

Further re: Agreement for Services

 

The Company advises that, further to the update of 2 February 2015, its partners are still conducting their due diligence into the life settlement polices which may be subject to the orders.

 

Accordingly, the Company has not started to provide its administrative services to its partners and is yet to receive the expected respective payment of $300,000 due on completion of the orders.

 

The directors remain hopeful that its partners can conclude their due diligence satisfactorily and will update the market further in due course.

 

Insetco plc

Barry Heath

07788 376480

Ivan Couchman

07970 377669

Cairn Financial Advisers LLP

Jo Turner / Liam Murray

020 7148 7900

 

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