Christie Group PLC CTG Orridge signs its first franchise agreement

  Christie Group PLC (CTG) - Orridge signs its first franchise agreement

RNS Number : 1550S
Christie Group PLC
28 November 2012


                                                                             





28 November 2012

                                      

                                      

                              Christie Group plc

                                      

                 Orridge signs its first franchise agreement

The Board of Christie Group plc ('Christie' or the 'Group'), the leading
provider of Professional Business Services and Stock & Inventory Systems &
Services to the leisure, retail and care markets, is pleased to announce that
the Group has signed its first franchise agreement for Orridge covering
Germany and associated territories.

This move augments Christie's own stocktaking activities in continental
Europe. The experienced corporate franchisee concerned will have access to
the Group's comprehensive suite of technology and embedded systems. Together,
our retailers benefit from a uniform pan-European service provided onsite by
the relevant local nationals. The Board anticipates that this first franchise
agreement will make an immediate contribution to Group earnings.



Enquiries:

Christie Group plc         020 7227 0707
David Rugg                 
Chief Executive            
                          
Paul Harding               020 7227 0707
Executive Director         
                          
Charles Stanley Securities 020 7149 6000
Nominated Advisor          
Russell Cook / Carl Holmes 





Notes to Editors:

Christie Group plc (CTG.L.), quoted on AIM, is a leading professional business
services group with 39 offices across the UK, Europe, Canada and the Middle
East, catering to its specialist markets in the leisure, retail and care
sectors.

Christie Group operates its two complementary business divisions: Professional
Business Services (PBS) and Stock & Inventory Systems & Services (SISS). These
divisions trade under the brand names: PBS - Christie + Co, Christie Finance,
Christie Insurance and Pinders; SISS - Orridge, Venners and Vennersys.

Tracing its origins back to 1846, the Group has a long-established reputation
for offering essential services to client companies in agency, valuation
services, investment, consultancy, project management, multi-functional
trading systems and on-line ticketing services, stock audit and inventory
management. The diversity of these services is intended to provide a natural
balance to the Group's core agency business.

For more information, please go to www.christiegroup.com.





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AGRUBRWRUBAAUAA -0- Nov/28/2012 07:00 GMT