Last checked at 27 May 2015 10:00
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