Possible fundraise and move to AIM

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

 

END

 

 

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