Personal Group Holdings PLC AGM Statement (3452Y)

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RNS Number : 3452Y

Personal Group Holdings PLC

04 May 2023

4 May 2023

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, Chairman of the Company, will make the following statement:

"Having entered 2023 on the front foot, I am pleased to report on a positive start to trading. The strong performance in insurance sales seen in the last quarter of 2022 has continued into the first quarter of 2023 and we remain on track to meet full-year expectations.

"Amidst an uncertain wider environment, the need for organisations to look after their people has never been more important. Whilst we have planned for 2023 to be another difficult year for the economy, we are confident our offer resonates with our target markets, and we will continue to see growth over the forthcoming years.

"We continue to be laser focused on our strategic objectives. The investments we have made in sales, marketing and technology continue to bear fruit, through the number of new clients we are engaging with and delivering for. We look forward to making further progress in the coming months, bolstered by a growing insurance order book, the imminent launch of the next generation of our Hapi platform and an expanded Pay and Reward offering.

"We have announced this morning that following eight years with the Group, Group Chief Executive Deborah Frost will be retiring from her position and the Board at the end of the year. Deborah has led the expansion of the business and leaves the Group on a strong footing and we wish her all the very best with her portfolio career. We are delighted to welcome Paula Constant as our incoming Group Chief Executive Designate, confident that we have found in her an equally talented and committed leader to take Personal Group on to its next stage of growth."

-ENDS-

For more information please contact:

 
 
 Personal Group Holdings Plc 
 Deborah Frost (CEO) / Sarah Mace                      Via Alma PR 
  (CFO) 
 
 Cenkos Securities Plc 
 Camilla Hume / Callum Davidson 
  (Nomad)                                      +44 (0)20 7397 8900 
 Russell Kerr (Sales) 
 
 Alma PR                                       +44 (0)20 3405 0205 
 Caroline Forde / Joe Pederzolli        personalgroup@almapr.co.uk 
  / Kinvara Verdon

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, and the recently developed extension to the platform, Hapiflex.

The Group's growth strategy is centred around widening the footprint of the business into the SME, talent-led & Public Sectors, thereby expanding the addressable customer base. In addition, it aims to grow in its existing industrial heartlands, to re-invigorate growth in insurance policyholders and to drive the use of its SaaS offerings.

Group Clients include: Airbus, Barchester Healthcare, British Transport Police, 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

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END

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