PTY Partway Group Plc

TIDMPTY

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     Tel: +44 (0) 20 3328 
  and Broker)                                    5656 
 
 David Hart / Dan Dearden-Williams (Corporate 
  Finance) 
 Tony Quirke (Sales and Corporate Broking) 
 

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END

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June 15, 2023 02:00 ET (06:00 GMT)

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