Parity Group plc ( GB:PTY ) has released an update. Partway Group plc, previously known as Parity Group plc, has undergone significant restructuring, closing its consulting division to focus on its primary IT recruitment sector and selling its recruitment business for £1.6 million. Due to challenges in sourcing investment and economic uncertainties, the company has opted for liquidation and plans to distribute surplus funds to shareholders. This strategic move comes after exhausting viable reverse takeover opportunities, thus marking the company's last annual report. For further insights into GB:PTY stock, check out TipRanks' Stock Analysis page.