REG - Parity Group PLC - New contract wins and Notice of Results

PartwayAnnouncement

01/03/2021 07:00

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RNS Number : 5706Q  Parity Group PLC  01 March 2021

1(st) March 2021

 

Parity Group plc 

("Parity" or the "Group")

 

NEW CONTRACT WINS AND NOTICE OF RESULTS:

Parity continues its strong start to the year with further contract wins

 

Parity (AIM:PTY), the data and technology focussed professional services
company, today announces the award of a number of new contract wins:

 

·    Appointment as a partner to help connect a prominent retailer
with the skilled data and digital resources it requires to support its
various brands' ambitious transformation and growth plans across UK and
Europe.

·    Partnerships with IFS (a global leader in Cloud ERP solutions) and
Cedar Bay (a partner in the IFS ecosystem) to supply skilled data and digital
resources.

·    Extension of engagement with human resources platform specialist,
Resilience Engine.

·    A contract within the public sector to supply data talent for NHS
Digital projects (the national provider for the NHS in England of information,
data and IT systems).

 

These recent wins amount to an estimated £400,000 in new net revenue during
the financial year.

 

Following on the back of the recent Scottish Government R100 contract win,
these agreements represent a significant opportunity for Parity this
year, strengthening the Group's roster of clients, utilising its
resourcing capabilities and adding further momentum for 2021.

 

Matthew Bayfield, CEO, commented:

"I am delighted to announce that these organisations have appointed Parity
as a digital skills resourcing partner. These contract wins and extensions
are testament to our deep expertise and experience in this area and our
ability to flexibly address the challenges facing major institutions as they
undergo digital transformations. This provides us with further confidence in
our strategic focus and vision for the company and the positive changes we
have made over the last two years."

 

Notice of results

 

The Group expects to release its 2020 preliminary results in the second half
of April.

 

--ENDS- 

 Contacts
 Parity Group PLC                 www.parity.net (http://www.parity.net/)
 Matthew Bayfield, CEO            + 44 (0) 208 543 5353
 Mike Johns, CFO

 WH Ireland Limited               www.whirelandcb.com (http://www.whirelandcb.com/)
 Mike Coe / Chris Savidge         +44 (0) 117 945 3470

 Houston                          Parity@Houston.co.uk (mailto:Parity@Houston.co.uk)
 Kate Hoare / Alexander Clelland  +44 (0) 204 529 0549

 

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