Winding Up Petition Lifted

RNS Number : 8674F

AssetCo PLC

04 May 2011

 



AssetCo plc ("the Company")

Winding-up Petition Lifted

As previously announced, the Company has been subject to a winding up petition for some time. On 29 March 2011, the Company announced that another creditor had been substituted on to the winding-up petition, and that the new management team were determined to ensure full process and investigation of these calls for payment and the matter was adjourned for fuller determination.

At a Court hearing on 27 April 2011, agreement was reached with the substituting petitioner and supporting creditor and the petition was dismissed.

Enquiries:

Richard Day

Arden Partners plc

[phone]

Fiona Tooley

Citigate Dewe Rogerson

Office: [phone]

Mobile: [phone] 

 

END

 

 

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