PMG notes share price rise

Parallel Media Group has noted the recent share price rise. The group says that on 30 December it released an update statement including the comment that it was reviewing acquisition prospects which would enable it in 2017 to confirm opportunities in the live event and entertainment sector.

It says that while the group continues to review acquisition prospects there have been no material developments since that time.

At 2:58pm: (LON:PAA) Parallel Media Group PLC share price was +16.75p at 32p