Personal Group Holdings PLC Three-year contract with Royal Mail Group (0495A)

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RNS Number : 0495A

Personal Group Holdings PLC

24 September 2020

Press Release 24 September 2020

Personal Group Holding PLC

(the "Company", "Personal Group", "PGH" or "Group")

Personal Group secures three-year contract with Royal Mail Group

Personal Group Holdings PLC, a leading provider of employee services in the UK, is pleased to announce that it has signed a three-year contract extension with Royal Mail Group (RMG).

This is a strategic win for Personal Group, continuing Let's Connect's long-term relationship with RMG through their salary sacrifice technology scheme but also expanding the Company's commercial relationship to offer insurance policies to its circa 140,000 employees.

Personal Group has developed a digital solution that will integrate into RMG's existing benefits platform, giving their entire workforce the ability to apply for insurance products online as well as via a traditional face-to-face and roadshow approach.

Deborah Frost - Chief Executive of Personal Group commented:

"Our purpose around protecting the unprotected has clearly resonated with our core market, as we are delighted to announce a 3 year deal with Royal Mail Group which has consolidated and expanded our relationship, to provide insurance services and continue supplying technology through the salary sacrifice scheme to their 144,000 employee workforce via our traditional face-to-face model, roadshows and digitally."

-ENDS-

For more information please contact:

 
Personal Group Holdings Plc 
Deborah Frost / Sarah Mace              [phone] 
Cenkos Securities Plc 
Max Hartley / Callum Davidson (Nomad)   [phone] 
Russell Kerr (Sales) 
Hudson Sandler 
Nick Lyon / Lucy Wollam                 [phone] 
 

Notes to Editors

Personal Group Holdings Plc (AIM: PGH) is a technology enabled employee services business, working with employers to drive productivity though better employee engagement and a more motivated workforce. With over 35 years' experience, the Company provides employee benefits and services to a large number of employees across the UK.

Personal Group offer in-house services, including employee insurance products (hospital, convalescence plans and death benefit), the provision of home technology via salary sacrifice (iPads, computers, laptops, smart phones and smart TVs), the provision of e-payslips, and pay and reward consulting via Innecto, the leading independent UK consultancy acquired in 2019. Third party services include retail discounts, employee assistance programmes, wellbeing programmes and salary sacrifice cars and bikes.

The product offer is provided via the Company's proprietary technology platform, Hapi. The platform is intuitive, designed primarily for app deployment and also accessible via web and tablet, driving better engagement, communication and value recognition. Hapi is flexible and can quickly integrate additional services, such as existing employee services and partner platforms. Hapi is a digital SaaS product.

Through technology and select acquisitions, the Company has grown its addressable market to the majority of the working population in the UK; including 15.6m SME employees targeted via its partnership with Sage, the UK's largest software company.

The Personal Group innovative approach to using technology to deliver its programmes, in combination with its face-to-face method of communicating with employees, delivers a compelling offer to blue-chip clients across the UK as a way of attracting, retaining and motivating employees. The acquisition of Innecto in February 2019 allows Personal Group to engage with clients earlier in their thinking around Pay and Reward, and to interact with a new base of blue-chip and fast growth clients typically at HR Director and CEO level.

Personal Group has a strong client base across a diverse range of sectors. Clients include: Arsenal F.C., Barchester Healthcare Ltd, DHL Supply Chain Limited, The Go-Ahead Group plc, Samworth Brothers Ltd, Independent Television News, Stagecoach Group plc and Wincanton plc.

For further information, please see www.personalgroup.com

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September 24, 2020 09:36 ET (13:36 GMT)