ASSET LIFE

Asset Life has recently announced a rationalisation of the portfolio in order to create a positive outcome. The directors with the support of the security trustee have already implemented a recovery plan which they believe will maximise the value of the two key assets in the portfolio... The company remains absolutely dedicated to the interests of the debenture holders and the focus of the executive team remains on maximising value working with the recently appointed acting agents David Rubin & Partners... This announcement indicates once again the unstable and precarious nature of the sector and although unfortunate and a regrettable situation, the company directors believe the appointment of David Rubins & Partners is the best solution for sustainable future growth and to realign our vision to seek a swift recovery.

Also known as: Asset Life PLC

Registration numbers: 09144715 (W)

Primary location: London United Kingdom