Result of AGM & Non-Executive Board Changes

Ten Lifestyle Group PLC

06 February 2024

 

6 February 2024

Ten Lifestyle Group plc

("Ten" or the "Company")

Result of AGM &

Non-Executive Board Changes

Ten Lifestyle Group plc (AIM: TENG), the platform driving customer loyalty for global financial institutions and other premium brands, announces that at the Company's Annual General Meeting held at 11:00am today, all resolutions were duly passed.

The results of the proxy votes received in relation to the resolutions will be made available on the Company's website at tenlifestylegroup.com/investors/management-team/. 

Following the announcement on 8 November 2023, Gillian Davies, Non-executive Director and Chair of the Audit & Risk Committee, has stepped down from the Board after more than a six year tenure, having secured an orderly succession.

Edward Knapp, Non-Executive Director, will assume the role as Chair of the Audit & Risk Committee and Carolyn Jameson will be appointed to the Nomination Committee.

The Board is confident that its composition is well-equipped to meet the evolving needs of our business as we move into the next stage of development.

Alex Cheatle, CEO of Ten Lifestyle Group, said: 

"On behalf of the Board, I express my profound gratitude to Gillian for her steadfast commitment and invaluable contributions as Non-executive Director and Chair of the Audit & Risk Committee since the Company's IPO in 2017."

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For further information, please visit https://www.tenlifestylegroup.com/ or contact:

Ten Lifestyle Group Plc Alex Cheatle, Chief Executive Officer Alan Donald, Chief Financial Officer	[phone]
Singer Capital Markets Advisory LLP, Nominated Advisor and Broker Corporate Finance: James Moat / Oliver Platts Corporate Broking: Tom Salvesen / Charles Leigh-Pemberton	[phone]

Notes to Editors:

About Ten Lifestyle Group Plc

Ten Lifestyle Group plc partners with global financial institutions and other premium brands to attract and retain wealthy and mass affluent customers.

Millions of members have access to Ten's services across lifestyle, travel, dining, entertainment and retail benefits on behalf of over fifty clients including HSBC, Coutts and Royal Bank of Canada. Ten's partnerships are based on multi-year contracts generating revenue through platform-as-a-service and technology fees.

Ten's operations are underpinned by an increasingly sophisticated personalisation platform comprising industry-first, proprietary technology, thousands of supplier relationships and 25 years of proprietary expertise delivered from over 20 global offices.

Ten is on a mission to become the most trusted service platform in the world. 

For further information please go to: www.tenlifestylegroup.com.

 

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