ASTO Assetco Plc

TIDMASTO

RNS Number : 6755A

AssetCo PLC

31 May 2019

 
 Friday, 31 May 2019   Immediate Release 
 

AssetCo plc

("AssetCo")

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

Litigation update

In the claim for negligence against AssetCo's former auditor, Grant Thornton, AssetCo announces that a single Lord Justice of the Court of Appeal has granted permission to Grant Thornton to appeal to the Court of Appeal against certain aspects of the judgement handed down by Bryan J in January.

A date for the appeal will be fixed in the coming weeks but is unlikely to be before October 2019 at the earliest.

Shareholders will be kept informed of any further developments.

 
 Enquiries: 
  AssetCo plc 
  Tudor Davies, Chairman 
  Tel: +44 (0) 7785 703523 
  +44 (0) 20 7614 5900 
 
 Arden Partners plc 
  Nominated adviser and 
  broker 
  John Llewellyn-Lloyd/ 
  Ciaran Walsh 
  Tel: +44 (0) 20 7614 
  5900 
 
 TooleyStreet Communications 
  Fiona Tooley 
  Email: fiona@tooleystreet.com 
  Mobile: +44 (0) 7785 
  703523 
 

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

Market cap: GBP38.83m

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END

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