Directorate Change

RNS Number : 9591V

Parity Group PLC

22 April 2016

Parity Group plc ("Parity "or the "Group")

Director Changes

To align the Group further to the revised strategy focusing on its IT Services Business under Parity Professionals and Parity Consultancy Services, the Board of Parity announces the following changes:

As from the today's date:

1. Mike Aspinall will step down from his position as Group Finance Director and from the Board. Mr Aspinall will remain with the Group until the end of April 2016 to assist in an orderly transition of the role. The Board would like to thank Mr Aspinall for his work; and

2. Roger Antony, the Group Financial Controller for Parity, will step up to the role of Group Finance Director. Mr Antony has been with Parity for over 18 years, holding the position of Group Financial Controller since 2006, and prior to that the role of Financial Controller for the International Resources Division. Mr Antony joined the Group after qualifying as an accountant in 1997, and previously held managerial roles within a variety of listed entity finance departments. He has a thorough understanding, and experience, of the IT Services sector.

Alan Rommel CEO commented:

"I am delighted that Roger Antony has stepped up to the role of Group Finance Director. I know that his experience of the IT Services Sector will be invaluable in executing the revised strategy and look forward to continuing to work with him"

Enquiries:

Parity Group PLC

Alan Rommel CEO 0208 543 5353

MHP Communications

John Olsen

Kelsey Traynor 020 3128 8100

Investec Bank PLC

Andrew Pinder

Patrick Robb

Dominic Emery 020 7597 597

Roger Antony's current and previous directorships in the last five years are:

Company name	Position	Date of appointment
Class Limited	Finance Director	30.06.2015
Comtec Computer Training Limited	Finance Director	30.06.2015
Comtec International Limited	Finance Director	30.06.2015
CSS Software Solutions Limited	Finance Director	30.06.2015
Eurosoft Germany Limited	Finance Director	30.06.2015
Eurosoft Solutions (France) Limited	Finance Director	30.06.2015
Eurosoft Solutions Limited	Finance Director	30.06.2015
Golden Square Content Limited	Finance Director	30.06.2015
IC Software Limited	Finance Director	30.06.2015
Information Mapping Limited	Finance Director	30.06.2015
Inition Limited	Finance Director	30.06.2015
Integer79 Limited	Finance Director	30.06.2015
Interactive Developments (Scotland) LTD.	Finance Director	30.06.2015
Interactive Developments LTD.	Finance Director	30.06.2015
Intercity Consultants Limited	Finance Director	30.06.2015
Online Personnel Services Limited	Finance Director	30.06.2015
Parity Computing Limited	Finance Director	30.06.2015
Super Communications Limited	Finance Director	30.06.2015
Systems Support Services Limited	Finance Director	30.06.2015
Technology Media Limited	Finance Director	30.06.2015
The Performance Agency Limited	Finance Director	30.06.2015
TMS Information Solutions Limited	Finance Director	30.06.2015
Parity Professionals Limited	Finance Director	01.07.2015
Parity Solutions Limited	Finance Director	01.07.2015
Parity Consultancy Services Limited	Finance Director	01.07.2015
Parity Consultants Limited	Finance Director	01.07.2015
Parity Eurosoft Limited	Finance Director	01.07.2015
Parity Holdings Limited	Finance Director	01.07.2015
Parity Limited	Finance Director	01.07.2015
Parity Management Limited	Finance Director	01.07.2015
Parity Permanent Investments Limited	Finance Director	01.07.2015
Parity Resources Limited	Finance Director	01.07.2015
Parity Selection Limited	Finance Director	01.07.2015
Prime Selection Limited	Finance Director	01.07.2015
Readypatch Limited	Finance Director	01.07.2015
Software '92 Limited	Finance Director	01.07.2015
Parity Solutions (Dublin 1999) LTD (incorporated in Republic of Ireland)	Finance Director	30.06.2015