Atlas Dev & Support Services Ltd Statement Re Share Price Movement (2683B)
October 05 2015 - 9:56AM
UK Regulatory
TIDMADSS
RNS Number : 2683B
Atlas Dev & Support Services Ltd
05 October 2015
Atlas Development & Support Services Limited / Ticker: ADSS
/ Index: AIM / Sector: Support Services
05 October 2015
Atlas Development & Support Services Limited
('Atlas Development' or the 'Company')
Share Price Movement
Atlas Development (AIM, NSE: ADSS) the Kenyan headquartered,
African focussed support services and logistics company, notes the
movement in the Company's share price.
As noted in the Company's interim results announcement on 17
September 2015, in light of the current state of the oil and gas
market, the Company continues to implement initiatives aimed at
further diversifying the Company's offering and identifying new
sectors of operation. In particular the Company is targeting
increased workflow arising from potash development in Ethiopia.
Further announcements will be made, if appropriate, in due
course.
** ENDS **
For further information please visit www.atlassupport.com or
contact:
Carl Esprey Atlas Development Tel: +44 (0)
20 7408 9200
Callum Stewart Stifel Nicolaus Tel: +44 (0)
Europe Limited 20 7710 7600
Ashton Clanfield Stifel Nicolaus Tel: +44 (0)
Europe Limited 20 7710 7600
Edward Burbidge Burbidge Capital Tel: +254 (0)
202 100 102
Charlotte St Brides Partners Tel: +44 (0)
Heap Ltd 20 7236 1177
Notes to Editors
Atlas Development is a support services and logistics company
with operations spanning Kenya, Mozambique, Tanzania, Ethiopia and
Western Sahara.
Its three core divisions are delineated as follows:
-- Atlas Technical: civil engineering, workforce accommodation and construction
-- Atlas Services: medical and facilities management
-- Atlas Logistics: fuel solutions, storage and transportation
Through these three core divisions, Atlas Development provides
turn-key support for a range of major energy and natural resource
exploration and development companies operating across East Africa.
The Board believe there is considerable opportunity to leverage the
Company's established position to further expand its operational
footprint across sub-Saharan Africa and beyond and diversify its
service offering to provide additional long-term visible revenue
streams.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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