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:
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Personal Group
Holdings Plc
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Paula Constant (CEO)
/ Sarah Mace (CFO)
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Via Alma
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Cavendish
Capital Markets Limited
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Camilla Hume / Callum Davidson
(Nomad)
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+44 (0)20 7397 8900
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Jasper Berry (Sales)
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Alma
Strategic Communications
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+44 (0)20 3405 0205
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Caroline Forde / Joe Pederzolli / Kinvara
Verdon
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personalgroup@almastrategic.com
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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