15th Jan 2010 10:30
RNS Number : 6210F
AssetCo PLC
15 January 2010
January 15th 2010
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UV Modular Ltd |
AssetCo plc, (AIM : ASTO) the integrated support services business, announces today that its vehicle assembly business UV Modular Limited (UVM) has been placed into Administration
This action is in line with the statement made at the publication of the Groups interim results on 7th December 2009, that following a strategic review conducted earlier in the year it would seek to exit from its low margin businesses and focus on the further development of growth opportunities as a fully integrated support services company.
The trading at AssetCo plc remains in line to meet market expectations.
Enquiries:
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AssetCo
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Tel: +44 (0) 20 8515 3999
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John Shannon, Chief Executive Officer
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James Collins, Investor Relations
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Pelham Public Relations
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Tel: +44 (0) 20 7337 1550
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Alex Walters
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Francesca Tuckett
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Arden Partners - NOMAD
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Tel: +44 (0) 20 7614 5932
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Richard Day
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Adrian Trimmings
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This information is provided by RNS
The company news service from the London Stock Exchange
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