TIDMPGH
RNS Number : 6811K
Personal Group Holdings PLC
06 January 2021
Press Release
6 January 2021
Personal Group Holding PLC
(the "Company", "Personal Group", "PGH" or "Group")
Appointment of permanent CFO
Personal Group PLC, a leading provider of employee services in
the UK, is pleased to announce that Sarah Mace, previously Interim
Chief Financial Officer, has been appointed as Chief Financial
Officer with immediate effect.
Sarah was appointed to the board as Interim Chief Financial
Officer on 1 October 2020, following a successful tenure at
Personal Group since January 2014 when she joined as Group
Financial Controller and Company Secretary.
Further information on Sarah and requisite AIM Rule disclosures
are set out in the Company's announcement dated 1 October 2020.
Deborah Frost, Group Chief Executive of Personal Group,
commented:
"In the months Sarah has been in the interim role she has
impressed both the Board and our shareholders with her vision for
how Personal Group will grow in the future, as well as her ability
to implement the change needed to make that vision a reality. She
has demonstrated her deep understanding of the business, a clarity
of strategic thought and her strength in managing the finance
functions across the business. I look forward to working with her
to develop the business at a time when supporting and protecting
essential workers has never been more relevant."
Sarah Mace, CFO of Personal Group, said:
"I've always believed in Personal Group's mission - to connect
the unconnected and protect the unprotected - and I am excited to
now be part of the Board and leadership team delivering on that
mission. Our opportunity to take our offering to more workers and
grow our business is significant and we have the financial
strength, committed team and clear strategy necessary to capitalise
on that opportunity."
-ENDS-
For more information please contact:
Personal Group Holdings Plc
Deborah Frost (CEO) / Sarah Mace
(CFO) +44 (0)1908 605 000
Investor Relations investorrelations@personalgroup.com
Cenkos Securities Plc
Max Hartley / Callum Davidson (Nomad) +44 (0)20 7397 8900
Russell Kerr (Sales)
Notes to Editors
Personal Group Holdings Plc (AIM: PGH) is a technology enabled
employee services business, working with employers to drive
productivity though better employee engagement and a more motivated
workforce. With over 35 years' experience, the Company provides
employee benefits and services to a large number of employees
across the UK.
Personal Group offer in-house services, including employee
insurance products (hospital, convalescence plans and death
benefit), the provision of home technology via salary sacrifice
(iPads, computers, laptops, smart phones and smart TVs), the
provision of e-payslips, and pay and reward consulting via Innecto,
the leading independent UK consultancy acquired in 2019. Third
party services include retail discounts, employee assistance
programmes, wellbeing programmes and salary sacrifice cars and
bikes.
The product offer is provided via the Company's proprietary
technology platform, Hapi. The platform is intuitive, designed
primarily for app deployment and also accessible via web and
tablet, driving better engagement, communication and value
recognition. Hapi is flexible and can quickly integrate additional
services, such as existing employee services and partner platforms.
Hapi is a digital SaaS product.
Through technology and select acquisitions, the Company has
grown its addressable market to the majority of the working
population in the UK; including 15.6m SME employees targeted via
its partnership with Sage, the UK's largest software company.
The Personal Group innovative approach to using technology to
deliver its programmes, in combination with its face-to-face method
of communicating with employees, delivers a compelling offer to
blue-chip clients across the UK as a way of attracting, retaining
and motivating employees. The acquisition of Innecto in February
2019 allows Personal Group to engage with clients earlier in their
thinking around Pay and Reward, and to interact with a new base of
blue-chip and fast growth clients typically at HR Director and CEO
level.
Personal Group has a strong client base across a diverse range
of sectors. Clients include: Arsenal F.C., Barchester Healthcare
Ltd, DHL Supply Chain Limited, The Go-Ahead Group plc, Samworth
Brothers Ltd, Independent Television News, Stagecoach Group plc and
Wincanton plc.
For further information, please see www.personalgroup.com
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END
BOASSDFWIEFSEDF
(END) Dow Jones Newswires
January 06, 2021 02:00 ET (07:00 GMT)
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