AGM Statement

RNS Number : 3443O

Parity Group PLC

27 May 2015

 

Parity Group PLC

27 May 2015

Parity Group plc

("Parity" or the "Group")

AGM Statement

At the Annual General Meeting, Philip Swinstead, Executive Chairman of Parity, will make the following comments:

"Parity Group is now in good shape with two independent and profitable divisions - Parity Professionals and SuperCommunications.

"Our long-standing Parity Professionals division remains on course and SuperCommunications has switched to a technology-led organic growth strategy.

 "Following on from the creation of these two divisions, we are now looking at the overall Group cost structure to maximise efficiency and move towards becoming a cash generative business by year end. 

"The Board remains committed to improving shareholder value and will update the shareholders on its further plans at the Interims in September."

Enquiries:

Parity Group PLC                                                                           0845 873 0790

Philip Swinstead, Chairman, Parity Group

MHP Communications                                                                  020 3128 8100

John Olsen

Investec Bank PLC                                                                        020 7597 5970

Andrew Pinder                                                                      

Patrick Robb

Dominic Emery

 

END

 

 

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