Business
Potential Partnership
Potential Partnership.
About this update from Personal Group Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 5673V Personal Group Holdings PLC 19 April 2016 \n\n \n \n\n\n\n\nPress Release\n\n\n19 April 2016\n\n\n\n\n \nPersonal Group Holdings Plc\n \n(\"Personal Group\")\n \nPotential Partnership \n \nPersonal Group Holdings plc (AIM:PGH), a leading provider of employee benefits, employee related insurance products and financial services in the UK, is pleased to announce that it has signed a letter of intent with Sage (UK) Ltd (\"Sage\") to enter exclusive negotiations for the development of a new product for SMEs in the UK and Irish markets.\nA potential partnership with Sage would sit perfectly with Personal Group's strategy of diversifying into the SME market, although it is too early to give any certainty about the outcome of these discussions. For Sage, successful negotiations could bring Sage another step forward in supporting its core strategy of customer first and championing small businesses to help them win in their markets.\nMark Scanlon, CEO, Personal Group, commented: \"We can't think of a better potential partner than Sage to develop a new proposition for the SME market. If we are successful in securing Sage as a partner, this will see us offering services for the first time in a Software-As-A-Service (SaaS), cloud base and on-demand model.\"\n \nBrendan Flattery, President, Sage Europe, said \"At Sage our passion is supporting the heroes of our economy - small and medium businesses - that create two thirds of all new jobs in the UK. We focus on making it easier for them to do business and working with Personal Group will allow us to do just this. We are delighted to partner with Personal Group to help small and medium businesses thrive.\"\n \n \n- Ends -\n \nFor more information please contact:\n\n\n\n\nPersonal Group Holdings Plc\n\n\n \n\n\n\n\nMark Scanlon, Chief Executive \n\n\n+44 (0)1908 605 000\n\n\n\n\n \n\n\n\n\nCenkos Securities Plc\n\n\n \n\n\n\n\nMax Hartley / Stephen Keys (Nomad)\nRussell Kerr (Sales)\n\n\n+44 (0)20 7397 8900\n\n\n\n\n \nMedia enquiries:\n\n\n\n\nAbchurch Communications\n\n\n \n\n\n\n\nQuincy Allan / Alex Shaw\n\n\n+44 (0)20 7398 7710\n\n\n\n\[email protected]\n\n\nwww.abchurch-group.com\n\n\n\n\n \n \n \n \nNotes to editors:\n \n...