Parity Group (PTY)

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Support

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FTSE AIM All-Share

8.75p
   
  • Change Today:
      0.25p
  • 52 Week High: 9.00
  • 52 Week Low: 6.25
  • Currency: UK Pounds
  • Shares Issued: 103.08m
  • Volume: 0
  • Market Cap: £9.02m
  • RiskGrade: 328

Parity wins three-year broadband contract with Scottish Government

By Josh White

Date: Monday 01 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Data and technology-focussed professional services company Parity announced the award of a three-year contract with the Scottish Government on Monday.
The AIM-traded firm said it had been appointed as the government's digital technology resources partner to support the delivery of the 'Reaching 100%' (R100) superfast broadband infrastructure programme.

It said the R100 programme would build on the Scottish Government's commitment that every home and business across Scotland should be able to access superfast broadband, following achievement of its previous target to ensure availability of fibre broadband access to at least 95% of Scottish premises, to which Parity also provided digital services.

Under the new contract Parity would provide a managed service supplying digital technology skills for the R100 programme's project management office and deployment management function to ensure an efficient build-out of the superfast broadband infrastructure.

The board said the award represented a total opportunity of up to £5m over the next three to six years for Parity, strengthening its order book and providing further visibility to underpin its current expectations for group performance over the period.

"This contract win is testament to our deep expertise and experience in this area and our ability to flexibly address the challenges facing major institutions as they undergo digital transformations, providing us with further confidence in our strategic focus and vision for the company," said chief executive officer Matthew Bayfield.

At 1404 GMT, shares in Parity Group were up 34.05% at 12.4p.

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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 8.75p
Change Today 0.25p
% Change 2.94 %
52 Week High 9.00
52 Week Low 6.25
Volume 0
Shares Issued 103.08m
Market Cap £9.02m
RiskGrade 328

Parity Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.31% above the market average1.31% above the market average1.31% above the market average1.31% above the market average1.31% above the market average
37.14% above the sector average37.14% above the sector average37.14% above the sector average37.14% above the sector average37.14% above the sector average
Price Trend
63.92% above the market average63.92% above the market average63.92% above the market average63.92% above the market average63.92% above the market average
54.95% above the sector average54.95% above the sector average54.95% above the sector average54.95% above the sector average54.95% above the sector average
Income Not Available
Growth
59.4% below the market average59.4% below the market average59.4% below the market average59.4% below the market average59.4% below the market average
70.09% below the sector average70.09% below the sector average70.09% below the sector average70.09% below the sector average70.09% below the sector average

Parity Group Dividends

  Latest Previous
  Final Final
Ex-Div n/a 02-Jun-04
Paid n/a 05-Jul-04
Amount 0.000p 0.030p

Trades for --2022

Time Volume / Share Price
0 @ 0.000p

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