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AssetCo PLC (ASTO)

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Friday 31 May, 2019

AssetCo PLC

Litigation update

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: [email protected]

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: £38.83m

 


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