Business
Ten Wins First Contract with HSBC
Ten Wins First Contract with HSBC.
About this update from Ten Lifestyle Group Plc
[{"type":"text","content":"\n \nRNS Number : 7592H Ten Lifestyle Group PLC 15 March 2018 \n\nTen Lifestyle Group plc\n(\"Ten\" or the \"Company\")\nTen Wins First Contract with HSBC\nTen Lifestyle Group plc (AIM: TENG), a leading technology-enabled lifestyle and travel platform for the world's wealthy and mass affluent, is pleased to announce it has signed a significant contract with HSBC Group (\"HSBC\" or \"the Group\") to provide concierge services to one of the Group's exclusive wealth propositions.\n \nThis is Ten's first contract with HSBC and follows a competitive tender. The transitioning process has already begun, with services expected to go live in early summer 2018. The service will be rolled out globally for relevant HSBC customers.\n \nThe contract is expected to be a Large contract1.\n \nAlex Cheatle, CEO, Ten Lifestyle Group plc, said;\n\"We are delighted to have been awarded this significant contract with HSBC Group, one of the world's largest banking and financial services organisations. Since the start of Ten's global expansion with the opening of our Hong Kong office back in 2005, we have continued to be the pioneer of technology-enabled, premium travel and lifestyle services around the world, and we look forward to bringing this expertise to HSBC's valued customers.\"\n \n(1) Contracts where Ten provides concierge and related services where the annual value of net revenue is over £2 million.\n \n- End -\n \nFor further information, please contact:\n \nTen Lifestyle Group Plc via Tavistock\nAlex Cheatle, Chief Executive Officer\nSean Hegarty, Chief Financial Officer\nKerry Anderson, Head of PR +44 (0)20 7479 3427\n \nJefferies International Limited ...