Parity Group AIMs for 5 July

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IT recruiter and technology solutions provider Parity Group proposes to go ahead with its listing on the Alternative Investment Market (AIM) on 5 July.
Wed, 22 May 2013IT recruiter and technology solutions provider Parity Group proposes to go ahead with its listing on the Alternative Investment Market (AIM) on 5 July.

Yesterday (21 May), the company told the City that subject to shareholder approval at a general meeting on 5 June, it plans to place 25,925,926 new shares at 27p per share on AIM.

On the same day, the company proposes to cancel its share listing on the London Stock Exchange.

Earlier this month, Recruiter reported that Parity was planning to switch to AIM as it would allow it to raise money for acquisitions more cheaply.

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