27 May 2015 10:00
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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