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AGM Statement

27 May 2015 10:00

RNS Number : 3443O
Parity Group PLC
27 May 2015
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Parity Group PLC

27 May 2015

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Parity Group plc

("Parity" or the "Group")

AGM Statement

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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.

Β "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."

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Enquiries:

Parity Group PLC 0845 873 0790

Philip Swinstead, Chairman, Parity Group

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MHP Communications 020 3128 8100

John Olsen

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Investec Bank PLC 020 7597 5970

Andrew Pinder

Patrick Robb

Dominic Emery

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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