TIDMINC

RNS Number : 3321J

Insetco PLC

02 April 2015

2 April 2015

Insetco plc

("Insetco" or the "Company")

Further re: Agreement for Services

The Company advises that, further to the update of 2 February 2015, its partners are still conducting their due diligence into the life settlement polices which may be subject to the orders.

Accordingly, the Company has not started to provide its administrative services to its partners and is yet to receive the expected respective payment of $300,000 due on completion of the orders.

The directors remain hopeful that its partners can conclude their due diligence satisfactorily and will update the market further in due course.

 
 Insetco plc 
 Barry Heath                     07788 376480 
 Ivan Couchman                   07970 377669 
 
 Cairn Financial Advisers LLP 
 Jo Turner / Liam Murray         020 7148 7900

This information is provided by RNS

The company news service from the London Stock Exchange

END

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