REG - Parity Group PLC - AGM Statement

PartwayAnnouncement

15/06/2023 07:00

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RNS Number : 7562C  Parity Group PLC  15 June 2023

15 June 2023

Parity Group plc

(the "Company" or the "Group")

AGM Statement

Parity Group plc (AIM: PTY), the data and technology-focussed recruitment and
professional services company, announces that at the Company's Annual General
Meeting ("AGM") being held at 12 p.m. today, Mark Braund, the Company's
Executive Chairman, will make the following statement:

"In its Annual Report and Accounts for the year ended 31 December 2022, the
Company highlighted three areas of focus for investment in 2023 to support
future growth.

In the public sector, the Company has been successful in opening up new
opportunities with existing frameworks and adding new frameworks that further
broaden the potential client base.

Engagements with new clients in the private sector have the potential to
develop into material sources of income and have already seen the Company
working on a number of contract assignments for these clients.

Having set a target to develop our permanent recruitment capability further in
2023, the uncertainty in the economy has made it more challenging to build on
the achievements from the prior year. Despite these challenges, the Company
continues to believe that permanent recruitment will be a future area of
growth for the business.

The Company expects to continue to build momentum, and with the groundwork
laid in the first half of 2023, continue to grow our pipeline of opportunities
with existing and new customers. The Board remains committed to returning the
business to growth."

 

 Contacts

 Parity Group plc                                        Tel: + 44 (0) 20 8171 1729

 Mark Braund, Executive Chairman                         www.parity.net
 Mike Johns, Chief Financial Officer

 Allenby Capital Limited (Nominated Adviser and Broker)  Tel: +44 (0) 20 3328 5656

 David Hart / Dan Dearden-Williams (Corporate Finance)
 Tony Quirke (Sales and Corporate Broking)

 

 

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