Parity Group Announcements

Disposal Update

26 August 2008 14:16:32



RNS Number : 0343C Parity Group PLC 26 August 2008  
26 August 2008
Parity Group plc

Disposal update

The Board of Parity Group plc ("Parity" or the "Company") notes the announcement by Xpertise Group PLC ("Xpertise") that the resolution to approve the acquisition of Parity Training Limited ("Parity Training") was not approved by Xpertise's shareholders at its extraordinary general meeting held today and that Xpertise will therefore not be completing the acquisition of Parity Training.  As a result, the Company confirms that the disposal of Parity Training to Xpertise will now not proceed.

The Company also announces that it will now release its interim results for the six months ended 30 June 2008 on 29 August 2008.

Enquiries:
 

Parity Group plc
Alwyn Welch, Chief Executive Officer
Ian Ketchin, Finance Director
 
0845 873 6942
Arbuthnot Securities Limited
Alastair Moreton/Richard Tulloch
 
020 7012 2000
The Hogarth Partnership
John Olsen/Sarah Richardson/Ian Payne
 
020 7357 9477
This information is provided by RNSThe company news service from the London Stock Exchange  END  DISUNAORWARWUAR

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