Personal Group Holdings PLC Major Contract Win With Large Employer (4498L)

TIDMPGH

RNS Number : 4498L

Personal Group Holdings PLC

03 October 2016

 
 Press Release   3 October 2016 
 

PERSONAL GROUP HOLDINGS PLC

("Personal Group" or the "Company")

MAJOR CONTRACT WIN WITH LARGE EMPLOYER

Personal Group Holdings Plc (AIM: PGH) a leading provider of employee service, benefits and employee related insurance products in the UK, is pleased to announce it has signed a four year agreement between a large employer and Lets Connect for the provision of technology products to its workforce. This allows their employees to select various technology products which they can then pay for via payroll deduction.

The scheme has been in the planning process for the last number of months and will launch on the Company's new technology platform hapi on 1(st) November this year.

Furthermore, the Company is also pleased to announce that it has reached an agreement with the large employer to continue payroll deductions for its existing insurance business for the duration of the Lets Connect contract.

- ENDS -

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

For more information please contact:

 
 Personal Group Holdings 
  Plc 
 Mark Scanlon / Mike Dugdale    [phone] 
 
 
 Cenkos Securities Plc 
 Max Hartley / Stephen 
  Keys (Nomad)            [phone] 
 Russell Kerr (Sales) 
 

Media enquiries:

 
 Abchurch Communications 
 Julian Bosdet / Tim Thompson 
  Alex Shaw / Rebecca Clube          [phone] 
 [e-mail]    www.abchurch-group.com 
 

Notes to editors:

With over 30 years' experience, Personal Group Holdings Plc (AIM: PGH) is a leading provider of employee services, benefits and employee related insurance products, covering an employee base of over two million across the UK.

Personal Group has a unique approach to delivering employee engagement, by combining technology with its face-to-face method of communicating with employees. This approach assists clients with the attraction, retention and motivation of their employees. Included in this approach is the delivery of a range of insurance products and services including hospital and convalescence plans, death benefit and income protection, in addition to lifestyle benefits including High Street savings and discounts, retail offers, travel and holiday promotions and health and wellbeing services.

Hapi, Personal Group's leading edge Employee Services platform allows clients to build bespoke engagement, benefit and communications programmes, which are made available to employees through both websites and mobile apps. This platform allows for a broader range of services, including holiday booking, electronic payslips, reward and recognition and Employee Assistance programmes to be accessed by employees in a simple and effective interface.

The Group also supplies clients with home technology and smartphone handsets via salary reduction schemes, offering the latest computers, laptops, tablets, smartphones and other home technology products through Lets Connect.

Personal Group has a strong client base across a wide range of sectors, with particular expertise in transport, logistics, domiciliary care, motor, retail, food production and manufacturing. Over 520 clients, including Network Rail, DHL, JCT600, Four Seasons, Two Sisters and Stagecoach, work with Personal Group in delivering effective benefits, engagement and communications programmes.

For further information, go to www.personalgroup.com

This information is provided by RNS

The company news service from the London Stock Exchange

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October 03, 2016 02:00 ET (06:00 GMT)