Business
Ten Wins New Contract with Global TMT Brand
Ten Wins New Contract with Global TMT Brand.
About this update from Ten Lifestyle Group Plc
[{"type":"text","content":"\n \nRNS Number : 4813Z Ten Lifestyle Group PLC 20 May 2019 \n\n20 May 2019\nTen Lifestyle Group plc\n(\"Ten\" or the \"Company\")\nTen Wins New Contract with Global TMT Brand\n \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 won a new three-year contract with a global brand within the TMT sector.\n \nThe service is expected to be a Medium1 contract in the 2019/20 financial year, and then grow into a Large contract in the 2020/21 financial year. \n \n(1) Ten categorises its corporate client contracts based on the annualised value paid, or expected to be paid, by the corporate client for the provision of concierge and related services by Ten as follows:\n \n· Medium contracts (between £250,000 and £2 million); and\n· Large contracts (over £2 million).\n \nAlex Cheatle, CEO, Ten Lifestyle Group plc, said;\n \n\"We are very pleased to announce a new contract which will see Ten enable a global brand to offer high-touch and digital concierge services to their customers for the first time. The TMT sector is new territory for us and we are excited for the growth and international expansion we hope will come with this partnership. We will announce further information once the service has launched.\"\n \n- End -\n \nFor further information, please visit https://www.tengroup.com/ or contact:\n \n\n\n\nTen Lifestyle Group Plc\nAlex Cheatle, Chief Executive Officer\nSean Hegarty, Chief Financial Officer\nKerry Anderson, Global Head of Brand Marketing & Communications\n \n\n\nvia Tavistock\n \n \n+44 (0)20 7479 3427\n\n\n\n\nJefferies International Limited, Nominated Advisor\nSimon Hardy\nChristopher Binks\n \n\n\n+44 (0) 20 7029 8000\n\n\n\n\nPeel Hunt LLP, Joint Broker\nEdward Knight\nPeter Stewart\nNick Prowting\n \n\n\n+44 (0) 20 7418 8900\n\n\n\n\nTavistock, Financial PR & IR\nJos Simson\nSimon Hudson\nJenny Boyd\n\n\n+44 (0) 20 7920 3150\n\n\n\n \nNotes to Editors:\nAbout Ten Lifestyle Group Plc\nTen Lifestyle Group plc is a leading, travel and lifestyle concierge service, helping wealthy individuals to discover, organise, and enjoy travel, dining, live entertainment, and the world of luxury,...