AssetCo PLC Litigation update (6755A)
May 31 2019 - 1:00AM
UK Regulatory
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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