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Possible fundraise and move to AIM

10 May 2013 13:12

RNS Number : 4542E
Parity Group PLC
10 May 2013
 



Parity Group PLC

Possible fundraise and move to AIM

The Company notes the recent movement in its share price and confirms that it is in advanced discussions with new and existing investors to raise funds in order to be in a position to pursue its previously announced strategy to acquire businesses in the UK digital media market. The Company also confirms that, subject to shareholder approval, it is proposing to cancel its current listing on the premium segment of the Official List and to apply for admission to trading of its ordinary shares on the AIM market.

Further details will be announced in due course.

Ends

 

Philip Swinstead, Chairman

 

Parity Group plc

 

0845 873 0790

Ian Payne

MHP Communications

020 3128 8100

Shaun Dobson/Ben Wright

N+1 Singer Advisory LLP

020 7496 3000

 

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