New Contract signed with Abu Dhabi Government

RNS Number : 9728M

AssetCo PLC

22 July 2014

 



Providers of management and resources to the fire and emergency services in the Middle East

Date: Tuesday, 22 July 2014

Immediate Release

AssetCo plc

("AssetCo" or the "Company")

AssetCo signs new contract with Abu Dhabi Government

Following the Company announcement on 30 June 2014, the Board is pleased to announce that the ongoing contract for the supply of Fire Services in Abu Dhabi has now been agreed between AssetCo and the Abu Dhabi Government.

The newly signed contract (which originally started in March 2011 and then extended) will now run until November 2016, and is expected to generate revenues of approximately £18m pounds per annum.

The Company continues to trade in line with management expectations and will update shareholders

on its progress during the year.

Enquiries: AssetCo plc Tudor Davies, Chairman	Arden Partners plc Richard Day/ James Felix	TooleyStreet Communications Fiona Tooley
Tel: [phone] or  [phone]	Tel:[phone]	Mobile: [phone] [e-mail]

AssetCo, is principally involved in the provision of management and resources to the fire and emergency services in the Middle East.  For further details, visit the website, www.assetco.com. Ticker: AIM: ASTO.L.

 

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