Business
Ten Wins New Employee Loyalty Contract
Ten Wins New Employee Loyalty Contract.
About this update from Ten Lifestyle Group Plc
[{"type":"text","content":"\n \nRNS Number : 4721X Ten Lifestyle Group PLC 30 April 2019 \n\n30 April 2019\nTen Lifestyle Group plc\n(\"Ten\" or the \"Company\")\nTen Wins New Employee Loyalty Contract\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 two-year, employee loyalty contract with a global management consulting firm from an incumbent supplier. Ten will deliver a dedicated, high-touch, and Ten-branded digital concierge service to executive Partners worldwide. \n \nTen is launching its lifestyle concierge services to Partners based in the United States, United Kingdom, Hong Kong and the UAE as a Small contract1. It is intended that the parties will then work to expand the programme to Partners in the firm's further global locations, building this to a Medium contract1 by the end of 2019. \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· Small contracts (below £250,000); and\n· Medium contracts (between £250,000 and £2 million).\n \nAlex Cheatle, CEO, Ten Lifestyle Group plc, said;\n \n\"This employee loyalty contract reinforces our strategy to continue investment in the enhanced digital platform, expand globally and enter into new business verticals. Our mobile and digitally-enabled concierge services can help drive loyalty for the most premium companies by supporting colleagues to be more productive with their time and feel even more aspirational about their employer. We are delighted to be working with this leading management consulting firm and look forward to a successful partnership and making the lives of their valued Partners easier.\"\n \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\nChris...