Ten Lifestyle Group PLC Full Year Trading Update and Notice of Results (3318A)
11 September 2018 - 4:00PM
UK Regulatory
TIDMTENG
RNS Number : 3318A
Ten Lifestyle Group PLC
11 September 2018
Ten Lifestyle Group plc
("Ten" or the "Company")
Full Year Trading Update and Notice of Results
Ten Lifestyle Group plc (AIM: TENG), a leading
technology-enabled lifestyle and travel platform for the world's
wealthy and mass affluent, provides an update on trading activities
ahead of the Company's Full Year results for the twelve months
ended 31 August 2018.
The Board expects Net Revenues for the financial year to be in
line with market expectations.
Previously announced new major corporate client contracts, as
well as new contracts launched in early H1, have rolled out as
anticipated in H2. The Board expects the cash position of the
Company to be ahead of market expectations.
The Company's pipeline of new business remains strong.
Full-Year Results
The Company expects to announce its full year results, for the
twelve months ended 31 August 2018, on 28 November 2018.
The Company will be hosting an analyst presentation to accompany
the Full-Year results at 10am on 28 November 2018. If you would
like to attend, please email tengroup@tavistock.co.uk.
- End -
For further information, please contact:
Ten Lifestyle Group Plc via Tavistock
Alex Cheatle, Chief Executive Officer +44 (0)20 7479
Sean Hegarty, Chief Financial Officer 3427
Kerry Anderson, Head of PR
Jefferies International Limited, Nominated
Advisor
Simon Hardy +44 (0) 20 7029
Christopher Binks 8000
Peel Hunt LLP, Joint Broker
Edward Knight
Nick Prowting +44 (0) 20 7418
Max Irwin 8900
Tavistock, Financial PR & IR
Jos Simson
Simon Hudson +44 (0) 20 7920
Sophie Praill 3150
Notes to Editors
Ten Lifestyle Group Plc, founded in 1998, is a leading,
technology-enabled lifestyle and travel platform, providing trusted
concierge services to its members around the clock, 365 days a
year. The Group currently has a headcount of over 800 staff around
the world and is listed on the AIM market of the London Stock
Exchange (AIM: TENG).
Ten assists its members to discover, organise and book travel,
dining and live entertainment; seeking to save them both time and
money. Through Ten's service proposition, members can achieve
superior access, experiences and outcomes, more cost-effectively
and conveniently than they could have achieved on their own. Ten
provides a high-touch travel and lifestyle concierge service,
underpinned by its proprietary technology-enabled platform.
Across the business, Ten manages and provides its personalised
service to more than 1.6 million registered private and corporate
individuals on behalf of over 50 organisations.
Ten is headquartered in London, with offices in 20 locations
globally serving its growing global network of members.
For further information about Ten Lifestyle Group Plc, please go
to: https://www.tengroup.com/.
This information is provided by RNS, the news service of the
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Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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