Orridge signs its first franchise agreement

RNS Number : 1550S

Christie Group PLC

28 November 2012

 

28 November 2012

Christie Group plc

Orridge signs its first franchise agreement

The Board of Christie Group plc ('Christie' or the 'Group'), the leading provider of Professional Business Services and Stock & Inventory Systems & Services to the leisure, retail and care markets, is pleased to announce that the Group has signed its first franchise agreement for Orridge covering Germany and associated territories.  

This move augments Christie's own stocktaking activities in continental Europe.  The experienced corporate franchisee concerned will have access to the Group's comprehensive suite of technology and embedded systems.  Together, our retailers benefit from a uniform pan-European service provided onsite by the relevant local nationals.  The Board anticipates that this first franchise agreement will make an immediate contribution to Group earnings.

Enquiries:

Christie Group plc	020 7227 0707
David Rugg
Chief Executive
Paul Harding	020 7227 0707
Executive Director
Charles Stanley Securities	020 7149 6000
Nominated Advisor
Russell Cook / Carl Holmes

Notes to Editors:

Christie Group plc (CTG.L.), quoted on AIM, is a leading professional business services group with 39 offices across the UK, Europe, Canada and the Middle East, catering to its specialist markets in the leisure, retail and care sectors.

Christie Group operates its two complementary business divisions: Professional Business Services (PBS) and Stock & Inventory Systems & Services (SISS). These divisions trade under the brand names: PBS - Christie + Co, Christie Finance, Christie Insurance and Pinders; SISS - Orridge, Venners and Vennersys.

Tracing its origins back to 1846, the Group has a long-established reputation for offering essential services to client companies in agency, valuation services, investment, consultancy, project management, multi-functional trading systems and on-line ticketing services, stock audit and inventory management. The diversity of these services is intended to provide a natural balance to the Group's core agency business.

For more information, please go to www.christiegroup.com.

 

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