26th Aug 2008 14:16
26 August 2008
Parity Group plc
Disposal update
The Board of Parity Group plc ("Parity" or the "Company") notes the announcement by Xpertise Group PLC ("Xpertise") that the resolution to approve the acquisition of Parity Training Limited ("Parity Training") was not approved by Xpertise's shareholders at its extraordinary general meeting held today and that Xpertise will therefore not be completing the acquisition of Parity Training. As a result, the Company confirms that the disposal of Parity Training to Xpertise will now not proceed.
The Company also announces that it will now release its interim results for the six months ended 30 June 2008 on 29 August 2008.
Enquiries:
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Parity Group plc
Alwyn Welch, Chief Executive Officer
Ian Ketchin, Finance Director
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0845 873 6942
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Arbuthnot Securities Limited
Alastair Moreton/Richard Tulloch
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020 7012 2000
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The Hogarth Partnership
John Olsen/Sarah Richardson/Ian Payne
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020 7357 9477
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Related Shares:
PTY.L