Parity Group notes director changes

Parity Group has unveiled changes to its board to align further the group to its new growth strategy.

It said Neal Ransome was stepping down from the board as from today's date. David Firth, who joined the board on Sept. 14, would take over as chairman of the audit committee.

Furthermore, the Group announces that Lord Freeman will retire from the Board in the next few months following nine years of exceptional commitment to the Group.

Lord Freeman will work with Parity to ensure that his successor has the skills and experience required to continue improving shareholder value. A further announcement will be made once a successor has been appointed.