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Parity Group (PTY)

Sector:

Software & Computer Services

Index:

FTSE Fledgling

Market Cap

£3.14m

Change Today

Price Down-0.25p ()

Share Price

8.25p

Xpertise receives 150p bid from QA-IQ

Date: Friday 22 Aug 2008

LONDON (ShareCast) - Aim-listed IT training group Xpertise has received a 150p bid from privately-owned rival QA-IQ.

The offer is worth 150p, a 95% premium yesterday's closing price for Xpertise, and values the group in total at £8.7m including outstanding options.

Xpertise recently agreed the acquisiton of rival Parity's training division for £4.775m, but a conditon of the offer from QA-IQ is that this deal is cancelled. QA-IQ added it intends to seek a recommendation of its offer from the board of Xpertise.

QA-IQ, which is currently owned as to approximately 65% by funds managed by Englefield Capital and 35% by its management, claims it has already received the support of 46.4% of Xpertise shareholders for its offer.



Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Parity Group Market Data

Currency UK Pounds
Share Price 8.25p Price Down
Change Today -0.25p
52 Week High 66.50
52 Week Low 7.75
Volume 0
Shares Issued 38.02m
Market Cap £3.14m
Beta 0.30
RiskGrade 651

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
66.19% above the market average66.19% above the market average66.19% above the market average66.19% above the market average66.19% above the market average
72.86% above the sector average72.86% above the sector average72.86% above the sector average72.86% above the sector average72.86% above the sector average
Price Trend
81.65% below the market average81.65% below the market average81.65% below the market average81.65% below the market average81.65% below the market average
89.26% below the sector average89.26% below the sector average89.26% below the sector average89.26% below the sector average89.26% below the sector average
Income Not Available
Growth
35.02% below the market average35.02% below the market average35.02% below the market average35.02% below the market average35.02% below the market average
34.27% below the sector average34.27% below the sector average34.27% below the sector average34.27% below the sector average34.27% below the sector average
Price Chg 6m
64.89% below the market average64.89% below the market average64.89% below the market average64.89% below the market average64.89% below the market average
83.89% below the sector average83.89% below the sector average83.89% below the sector average83.89% below the sector average83.89% below the sector average
P/E
73.74% above the market average73.74% above the market average73.74% above the market average73.74% above the market average73.74% above the market average
86.67% above the sector average86.67% above the sector average86.67% above the sector average86.67% above the sector average86.67% above the sector average
PEG Not Available
Dividend Yield Not Available
EPS Growth Not Available
Operating Margin
26.13% below the market average26.13% below the market average26.13% below the market average26.13% below the market average26.13% below the market average
4.17% below the sector average4.17% below the sector average4.17% below the sector average4.17% below the sector average4.17% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Parity Group Dividends

  Latest Previous
  Final Final
Ex-Div 02-Jun-04 28-May-03
Paid 05-Jul-04 01-Jul-03
Amount 0.030p 0.030p

Trades for --2008

Time Volume / Share Price
0 @ 0.000p

Parity Group Key Personnel

Finance Director Alison Leyshon
Finance Director Joe Kelly

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