![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Partway Group Plc | AQSE:PTY.GB | Aquis Stock Exchange | Ordinary Share | GB00B1235860 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPTY
RNS Number : 3013L
Parity Group PLC
29 April 2020
29 April 2020
PARITY GROUP plc
Appointment of Director
Parity Group plc ("Parity" or the "Group"), the data and technology focussed professional services business, today announces the appointment of Gerard (Gerry) Brandon as a non-executive Director of the Company effective from the 1 May 2020. The disclosures required by Schedule 2 (g) of the AIM Rules for the appointment of Mr Gerard James Brandon, aged 58, can be found in Note 1 of the appendix to this announcement and further details of his appointment can be found in Note 2.
Gerry is CEO of Integumen, the AIM listed business focused on Artificial intelligence, clinical research, medical device and life sciences. Integumen owns Rinocloud, a secure cloud-based data storage solution with built in Artificial Intelligence (AI). In December 2019 Parity announced an agreement with Integumen to provide Parity's clients access to Rinocloud.
John Conoley, Non-Executive Chairman of Parity, commented;
"Gerry has a great track record of growing businesses and creating value for shareholders. Our collaboration with Gerry and with the Integumen business has created a wider scope of opportunity, and an enhanced pipeline, for Parity.
"Parity has transformed its business model to reflect the fast-moving data and technology recruitment and consultant industry. With Gerry's appointment Parity adds additional expertise in the application of data into multiple sectors, including health care and pharmaceuticals. This will aid Parity in looking beyond the COVID-19 pandemic and the opportunities that we foresee for rapid digitisation of the business landscape."
Gerry is CEO of both Integumen plc and Cellulac plc and Non-Executive Chairman of Modern Water plc. In 1996 he founded and was CEO of Alltracel Pharmaceuticals PLC, where he built a team that oversaw numerous patents granted on refined cellulose. Alltracel Pharmaceuticals PLC was admitted to trading on AIM in 2001. In 2004, he was appointed as a Managing Partner for Farmabrand Private Equity. He is a Fellow of the Ryan Academy of Entrepreneurs in Dublin.
ENDS
For further information, contact:
Matthew Bayfield CEO 020 8543 Roger Antony GFD Parity Group plc 5353 David Beck Donhead Consultants 07836 293383 Mike Coe 0207 220 Chris Savidge WH Ireland 1666
Appendix:
Note 1:
Current directorships Past directorships held within the last five years Modern Water plc Visible Youth Limited Cellulac plc VY Club Limited Cellulac Trading Limited Innovenn UK Limited Integumen Plc Lifesciencehub UK Limited Pursuit Marine Drive Limited Rinocloud Limited -------------------------------
There are no other disclosures in accordance with Schedule 2(g) of the AIM Rules.
Note 2:
The appointment of Gerard James Brandon as Non-Executive Director of the Company is for an initial period of 12 months and thereafter is terminable by either party on not less than 3 months' written notice. The Director's fee is GBP35,000 per annum but will not be settled in cash. Instead, the Director will have his accrued fee settled by the allotment to him of New Ordinary Shares, which will be issued at the Price of 7.75p per New Ordinary Share for the first six months, which is approximately 10% above the closing price on 28th April 2020. The issue price for the second six months (pro-rata of length of service) of the Director's appointment will be the higher of either 7.75p or the mid-market value of the Ordinary Shares of the Company as determined by the Company's Remuneration Committee on the date six months after the commencement of the Director's appointment.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
BOAFIFFTSSIAFII
(END) Dow Jones Newswires
April 29, 2020 04:27 ET (08:27 GMT)
1 Year Partway Chart |
1 Month Partway Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions