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Parity Group (PTY)

Sector:

Software & Computer Services

Index:

FTSE Fledgling

Market Cap

£2.85m

Change Today

Price Unchanged0.000p ()

Share Price

7.50p

Xpertise scraps Parity deal

Date: Tuesday 26 Aug 2008

LONDON (ShareCast) - Xpertise shareholders have voted against the £4.8m purchase of Parity Training Limited announced last month, leaving the way clear for a takeover by privately-owned rival QA-IQ.

The AIM listed IT training group said the result of the general meeting meant it would not be completing the Parity Training deal or the associated £2.3m placing.

It is still mulling its response to Friday’s bid from QA-IQ, 65% owned by funds managed by Englefield Capital and 35% by its management, worth 150p a share, or £8.7m.

A condition of the QA-IQ offer was that the Parity deal was scrapped.

QA-IQ has already received the support of 46.4% of Xpertise shareholders for its offer, but Xpertise is advising shareholders to take no action.

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 7.50p  
Closing Price Change 0.000p
52 Week High 65.00
52 Week Low 7.50
Volume 0
Shares Issued 38.02m
Market Cap £2.85m
Beta 0.31
RiskGrade 619

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
69.84% above the market average69.84% above the market average69.84% above the market average69.84% above the market average69.84% above the market average
75.36% above the sector average75.36% above the sector average75.36% above the sector average75.36% above the sector average75.36% above the sector average
Price Trend
85.5% below the market average85.5% below the market average85.5% below the market average85.5% below the market average85.5% below the market average
90.54% below the sector average90.54% below the sector average90.54% below the sector average90.54% below the sector average90.54% below the sector average
Income Not Available
Growth
34.84% below the market average34.84% below the market average34.84% below the market average34.84% below the market average34.84% below the market average
36.62% below the sector average36.62% below the sector average36.62% below the sector average36.62% below the sector average36.62% below the sector average
Price Chg 6m
67.79% below the market average67.79% below the market average67.79% below the market average67.79% below the market average67.79% below the market average
85.14% below the sector average85.14% below the sector average85.14% below the sector average85.14% below the sector average85.14% below the sector average
P/E
76.33% above the market average76.33% above the market average76.33% above the market average76.33% above the market average76.33% above the market average
82.22% above the sector average82.22% above the sector average82.22% above the sector average82.22% above the sector average82.22% above the sector average
PEG Not Available
Dividend Yield Not Available
EPS Growth Not Available
Operating Margin
26.35% below the market average26.35% below the market average26.35% below the market average26.35% below the market average26.35% below the market average
6.29% below the sector average6.29% below the sector average6.29% below the sector average6.29% below the sector average6.29% 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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