Ten Appoints New Chief Financial Officer

RNS Number : 8163V

Ten Lifestyle Group PLC

11 April 2019

 

11 April 2019

Ten Lifestyle Group plc

("Ten" or the "Company")

Ten Appoints New Chief Financial Officer

Ten Lifestyle Group plc (AIM: TENG), a leading technology-enabled lifestyle and travel platform for the world's wealthy and mass affluent, today announces the appointment of Alan Donald to the role of Chief Financial Officer (CFO) and as an Executive Director on the Board. Alan will join Ten on 1 July 2019 allowing for an orderly handover from the current CFO.

Alan has over 30 years' experience in Finance roles, and over a decade's experience in the travel industry. He joins us from Thomas Cook Group plc where he was Finance Director for their UK&I tour operating business. Alan has also held roles at Saga Group plc as Finance Director of their Travel division, and Carlson Wagonlit Travel, a business travel management company, where he was Vice President and CFO of the EMEA region.

Alan (aged 55) has no current or past Directorships to be disclosed and no shareholding in the Company. It is intended that the Company will, on or as soon as possible following his appointment, grant Alan options over new ordinary shares in the Company.

There is no further information to be disclosed in accordance with the requirements of Schedule Two paragraph (g) of the AIM rules.

Alex Cheatle, CEO, Ten Lifestyle Group plc, said:

"I am delighted Alan is joining Ten. In addition to his rigorous commercial and financial leadership, his experience of running global high-touch and digital-services businesses, including deep travel experience, will be a huge asset to us."

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

Ten Lifestyle Group Plc Alex Cheatle, Chief Executive Officer Kerry Anderson, Global Head of Brand Marketing & Communications	via Tavistock [phone]
Jefferies International Limited, Nominated Advisor Simon Hardy Christopher Binks	[phone]
Peel Hunt LLP, Joint Broker Edward Knight Peter Stewart Nick Prowting	[phone]
Tavistock, Financial PR & IR Jos Simson Simon Hudson Sophie Praill	[phone]

Notes to Editors:

About Ten Lifestyle Group Plc

Ten Lifestyle Group plc is a leading, travel and lifestyle concierge service, helping wealthy individuals to discover, organise, and enjoy travel, dining, live entertainment, and the world of luxury, cheaper, and quicker than they could themselves.

Underpinned by industry-first technology, Ten provides its trusted concierge service to its more than 2 million members 24/7, 365 days a year, wherever they are in the world. Founded in 1998, the growing business now has over 800 staff, 20 global offices and is listed on the AIM market of the London Stock Exchange (AIM: TENG).

For further information about Ten Lifestyle Group Plc, please go to: https://www.tengroup.com/.

 

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