RCS - Huddled Group PLC - Partnership with Gordon Brown’s Multibank charity

HuddledAnnouncement

06/08/2024 07:00

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RNS Number : 2154Z  Huddled Group PLC  06 August 2024

REACH

 

Huddled Group PLC

6 August 2024

 

 

Huddled Group plc

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

Discount Dragon partners with Gordon Brown's Multibank charity initiative

 

Huddled Group plc (AIM: HUD), the circular economy e-commerce business, today
announces a new partnership with former Prime Minister Gordon Brown's
Multibank initiative, where the Group will actively support the shared mission
of providing essential items to vulnerable communities within the UK.

 

The Multibank is a charitable initiative aimed at addressing poverty working
with local communities to repurpose surplus products for public good. It was
established by Gordon Brown in late 2022 to address the impact of the
cost-of-living crisis on UK households. To date 1.5 million products have
reached almost 150,000 beneficiaries across Fife, Wigan, and Swansea, with a
new site also established in Greenford, West London, in July 2024.

 

As part of this partnership, Huddled will work with its suppliers to source
excess stock, either at vastly reduced prices, or occasionally for free. So
far, Discount Dragon has distributed over 500,000 toothbrushes, more than
40,000 nappies and 20,000 bars of soap to some of those most in need across
the UK. Ahead of the opening of the Greenford site, Discount Dragon were
pleased to also donate free of charge, 6,500 boxes of Nestle Baby Rice, with a
retail value exceeding £30,000.

 

Martin Higginson, CEO of Huddled Group, said:

 

''We are very proud to partner with the former Prime Minister Gordon Brown in
his mission to create lasting positive impact for disadvantaged communities
around the UK. We are committed to working with the Multibank's charities to
alleviate poverty and we are pleased to do so in a manner that allows us to
continue on our mission to reduce waste in the FMCG supply chain. We
understand the issues faced by families today and will continue to be a force
for good, helping those facing the greatest challenges."

 

Gordon Brown, founder of The Multibank said: "Given the scale of the poverty
crisis facing families in Britain, we are very grateful to Huddled for the
support they have already given to Multibanks and their promise to continue to
support in the future."

 

Keely Dalfen, CEO of anti-poverty charity The Brick, participating in Wigan's
Multibank said:

"Too many people in our local community are experiencing poverty and unable to
afford the basic essentials so many of us take for granted. The demand on our
services in the last two years has been unprecedented. Every day we see the
amazing resilience of the people we support who are experiencing tough times,
but the triple threat of a cost-of-living crisis, social care budget cuts and
economic recession continues to make their lives increasingly hard. This
partnership with Huddled will make a real difference to families experiencing
difficult times, facing the impossible decision to eat, heat or keep clean.
Thank you for their support which will ensure that the help is here to those
who need it most."

 

 

 

- Ends -

 

 Enquiries:

For further information please visit www.huddled.com/investors, or contact:

 Huddled Group plc                             investors@huddled.com

 Martin Higginson

 David Marks

 Daniel Wortley

 Alma Strategic Communications (Financial PR)  huddled@almastrategic.com

 Rebecca Sanders-Hewett

 Sam Modlin

 Kieran Breheny

 

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