Re. Appointment of Chief Executive

RNS Number : 5141T

Personal Group Holdings PLC

07 December 2011

 



Press Release

7 December 2011

Personal Group Holdings plc

("Personal Group" or "the Company")

Re. Appointment of Chief Executive

Further to the announcement made on 29 November 2011, the Company is pleased to announce that Mark Scanlon's appointment has now been approved by the Financial Services Authority and Mark will commence his role as group chief executive officer with immediate effect.

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For more information please contact:

Personal Group Holdings Plc
John Barber, Financial Director	[phone]

Cenkos Securities Plc
Stephen Keys	[phone]

Media enquiries:

Abchurch Communications
Joanne Shears / Mark Dixon	[phone]
[e-mail]	www.abchurch-group.com

Notes to editors:

Personal Group Holdings Plc (AIM: PGH) is a leading provider of employee benefits and financial services, established in 1984 and with offices and clients across the UK.

The group primarily provides tailored employee benefits programmes to businesses throughout the UK.  These programmes include insurance products such as hospital and convalescence plans, death benefit and income protection plans; lifestyle benefits such as holiday and retail discounts; flexible benefit programmes; a range of tax efficient benefits such as childcare vouchers; and employee assistance programmes.  The group generates the majority of its revenue through the underwriting of hospital and convalescence plans.  Through its expertise in producing, communicating and implementing successful benefit solutions, the group has helped over 400 leading UK companies recruit, retain and motivate the best people.  In total the group provides access to benefits for 1.2 million employees, and clients include Pirelli, Brake Bros, TNT, UK Mail, Regatta, Road Chef and Vinci.

In addition the group offers financial planning and broking services and through its Berkeley Morgan, Universal Provident and Rapidinsure brands provides access to private medical insurance as well as home, contents and travel insurance.

The group boasts considerable financial strength, with a 25 year track record of profitable growth since 1986.  For the year to 31 December 2010 the group reported revenue of £27 million.  With a strong balance sheet and a progressive dividend policy, Personal Group's vision is to be the provider of choice in employee benefits and financial services.  The group's development to date has been achieved principally through strong organic growth.

Personal Group is headquartered in Milton Keynes, was floated on AIM in 2000 and today employs over 160 people.

For further information, go to www.personal-group.com.

 

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