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Partway Group PLC - cash shell, formerly known as Parity Group PLC - In 2023, pretax loss from continuing operations widens to £2.9 million from £2.2 million. No revenue, unchanged. Continues to seek a suitable reverse takeover target. But thinks the chances of securing a successful deal by December deadline are low. Thus, considers it not in the best interests of shareholders to proceed. Instead, plans to cancel the admission of shares to AIM and place the company in a solvent members’ voluntary liquidation. Surplus funds will be returned to shareholders.
Current stock price: 0.75 pence
12-month change: down 83%
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