Contract update

RNS Number : 6221V

AssetCo PLC

31 January 2017

 

Issued on behalf of AssetCo plc

Immediate Release

31 January 2017

AssetCo plc

("AssetCo" or the "Company")

Contract in agreed form

Further to the Company's announcement on 17 November 2016 and 30 December 2016, regarding the continuation and the proposed extension of the principal contract in Abu Dhabi (the "Contract"), AssetCo has made further progress for a one year extension of the Contract, which is now in an agreed form and with the client for final signature.

The timetable will depend on the client although the Company will confirm once the Contract has been signed.

Enquiries:

Tudor Davies, Chairman

AssetCo plc

Tel: [phone] Or   [phone]

Ticker AIM: ASTO.L www.assetco.com

John Llewellyn-Lloyd / Ciaran Walsh

Arden Partners plc

Tel: [phone]

Fiona Tooley

TooleyStreet Communications

Mobile: [phone]

Email: [e-mail]

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

 

END

 

 

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