ASTO Assetco Plc

TIDMASTO

RNS Number : 3970P

AssetCo PLC

17 November 2016

Issued on behalf of AssetCo plc

Immediate Release

17 November 2016

AssetCo plc

("AssetCo" or the "Company")

Contract update

AssetCo announces that the trading and performance on the principal contract in Abu Dhabi ("the Contract") which has been supplied by the Company since March 2010, continues to perform in line with management's expectations.

The Contract which is due for renewal on 17 November 2016 and AssetCo is in the final stages of negotiation to extend the Contract for a period of at least one year. In the interim period, the Contract will continue to perform under existing terms and the Company will provide an update on the Contract extension before the end of the year.

 
 Enquiries: 
 Tudor Davies, Chairman 
 AssetCo plc 
 Tel: +44 (0) 7785 
  703523 
  Or +44 (0) 20 7614 
  5900 
 Ticker AIM: ASTO.L 
  www.assetco.com 
 John Llewellyn-Lloyd 
  / Ciaran Walsh 
 Arden Partners plc 
 Tel: +44 (0) 20 7614 
  5900 
 
 Fiona Tooley 
 TooleyStreet Communications 
 Mobile: +44 (0) 7785 
  703 523 
 Email: fiona@tooleystreet.com 
 

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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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