AssetCo updates on Abu Dhabi contract

AssetCo says the trading and performance on the principal contract in Abu Dhabi, which has been supplied by the company since March 2010, continues to perform in line with management’s expectations. The contract is due for renewal today (17 November) and AssetCo is in the final stages of negotiation to extend the contract for a period of at least one year. In the interim period, the contract will continue to perform under existing terms and the company will provide an update on the Contract extension before the end of the year.

At 9:22am: (LON:ASTO) AssetCo PLC share price was 0p at 383.5p

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