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New Contract signed with Abu Dhabi Government

22nd Jul 2014 10:45

RNS Number : 9728M
AssetCo PLC
22 July 2014
 



 

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

 

 

Date: Tuesday, 22 July 2014

Immediate Release

 

 

 

AssetCo plc

("AssetCo" or the "Company")

 

AssetCo signs new contract with Abu Dhabi Government

 

Following the Company announcement on 30 June 2014, the Board is pleased to announce that the ongoing contract for the supply of Fire Services in Abu Dhabi has now been agreed between AssetCo and the Abu Dhabi Government.

 

The newly signed contract (which originally started in March 2011 and then extended) will now run until November 2016, and is expected to generate revenues of approximately £18m pounds per annum.

 

The Company continues to trade in line with management expectations and will update shareholders

on its progress during the year.

 

 

Enquiries:

AssetCo plc

Tudor Davies, Chairman

 

Arden Partners plc

Richard Day/ James Felix

 

TooleyStreet Communications

Fiona Tooley

Tel: +44 (0) 7785 703523

or +44 (0) 20 7614 5900

Tel:+44 (0) 20 7614 5900

Mobile: +44 (0) 7785 703 523

[email protected]

 

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.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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