Personal Group Holdings PLC Royal Mail launches salary sacrifice technology

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Personal Group Holdings PLC

02 March 2018

Press Release

Personal Group Holding PLC

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

Royal Mail launches salary sacrifice technology to its employees

Personal Group Holdings PLC, a leading provider of employee services in the UK, is pleased to announce that, as planned, the launch of its salary sacrifice offer to employees of Royal Mail plc ("Royal Mail") has gone live with immediate effect. This service will be provided by the Company's PG Let's Connect business ("LC").

As previously announced in October 2017, the intended launch of the LC service to Royal Mail, a key customer of Personal Group, had been delayed for its internal operational reasons but has now launched in accordance with the Group's revised schedule.

LC provides salary sacrifice on technology products such as iPads and computers to employees of Personal Group's clients. The Group's offering through LC has recently been enhanced and the customer experience improved, having migrated the ordering system onto Personal Group's proprietary Hapi platform.

Mark Scanlon, Chief Executive of Personal Group, commented:

"This launch underlines the considerable value Royal Mail places in our Let's Connect product proposition. In turn it also validates our confidence in the business, which forms a key part of our wider offer. We are delighted with this launch and look forward to continuing to grow the Let's Connect revenue line as the year progresses".

-ENDS-

For more information please contact:

 
Personal Group Holdings Plc 
Mark Scanlon / Mike Dugdale               [phone] 
Philip Dennis (Investor Relations)        [phone] 
 
Hudson Sandler LLP 
Nick Lyon / Sophie Lister / 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 30 years' experience, the Company provides employee benefits, serving 550 businesses, reaching over 2 million employees across the UK.

Personal Group's offer comprises 8,000 in-house and third party products and services, from c.60 supply lines. In-house services include employee insurance products (hospital, convalescence plans and death benefit) and the provision of home technology via salary sacrifice (iPads, computers, laptops, smart phones and smart TVs). Third party services include retail discounts, e-payslips, employee assistance, wellbeing programmes and salary sacrifice cars and bikes.

The offer is provided via the Company's proprietary technology platform, Hapi. The platform is intuitive and accessible via web, tablet and mobile app, 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 SaaS product.

Through technology and select acquisitions, the Company has grown its addressable market from 6m to 27m UK employees; including 15.6m SME employees targeted via its partnership with Sage, the UK's largest software company.

Personal Group's innovative approach to using technology to deliver its programmes, combined with its face-to-face method of communicating with employees, makes its offer compelling to blue chip clients across the UK as a way of attracting, retaining and motivating employees.

Personal Group has a strong client base across a range of sectors including passenger transport, healthcare, logistics and food manufacturing. Clients include: Stagecoach, Four Seasons Health Care, Priory Group, Spire Healthcare, Bibby, 2 Sisters Food Group and Young's Seafood.

For further information, please see www.personalgroup.com

This information is provided by RNS

The company news service from the London Stock Exchange

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March 02, 2018 02:17 ET (07:17 GMT)