PGH.L

Personal Group Holdings Plc
Personal Group - AGM Statement
2nd May 2024, 06:00
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 9019M
Personal Group Holdings PLC
02 May 2024
 

2 May 2024

 

Personal Group Holdings plc

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

 

AGM Statement

 

At the Annual General Meeting of Personal Group, to be held today at 10:00am at John Ormond House, 899 Silbury Boulevard, Milton Keynes, MK9 3XL, Martin Bennett, Chair of the Company, will make the following statement:

"Personal Group has enjoyed continued momentum in the first quarter of 2024, benefitting from a strengthened leadership team and simplified business processes, and we continue to support the health and wellbeing of over 1.5 million UK employees through our various products and services.

"The strong performance in new insurance sales in 2023 has continued into 2024, achieving year on year growth in key sales metrics. The Benefits division has won new customers and the migration of Sage customers onto the next generation of the Hapi Employee Benefits platform is complete. As previously announced in March, the Group's Pay & Reward division secured its largest consulting contract to date with a global airline, both adding to the Group's recurring revenues and increasing profile within its sector.

"With the detailed analysis of our market undertaken earlier this year we have validated the strength of our insurance offering and benefits platform and their alignment to our existing and target markets. Now, the team are developing a comprehensive strategy to ensure we have the offerings and focus to exploit what is a considerable opportunity ahead.

"With an increasing level of recurring revenues and strong balance sheet alongside a compelling offering, developing partnerships, and a well-run and expert field sales team, we remain confident in our ability to deliver profitable growth in the current year, in line with market expectations."

 

-ENDS-

For more information please contact:

 

 

Personal Group Holdings Plc

 

Paula Constant (CEO) / Sarah Mace (CFO)

Via Alma

 

 

Cavendish Capital Markets Limited

 

Camilla Hume / Callum Davidson (Nomad)

+44 (0)20 7397 8900

Jasper Berry (Sales)




Alma Strategic Communications

+44 (0)20 3405 0205

Caroline Forde / Joe Pederzolli / Kinvara Verdon

personalgroup@almastrategic.com 

 

 

Notes to Editors

 

Personal Group Holdings Plc (AIM: PGH) is a workforce benefits and services provider. The Group enables employers across the UK to improve employee engagement and support their people's physical, mental, social and financial wellbeing. Its vision is to create a brighter future for the UK workforce.

Personal Group provides health insurance services and a broad range of employee benefits, engagement, and wellbeing products. Its offerings can also be delivered through its proprietary app, Hapi.

Group Clients include Airbus, Barchester Healthcare, Merseyrail, Randstad, Royal Mail Group, The Royal Mint, the Sandwell & Birmingham NHS Trust, Stagecoach Group plc, and The University of York.

For further information on the Group please see www.personalgroup.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
AGMDZGGKVMFGDZM]]>
TwitterFacebookLinkedIn