RCS - Personal Group - Retail Trust Partnership Launches

Personal groupAnnouncement

08/11/2021 07:05

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RNS Number : 5647R  Personal Group Holdings PLC  08 November 2021

08 November 2021

RNS Reach

Personal Group Holdings Plc

("the Company" or "Group")

 

Retail Trust Partnership Launches

Retail Trust to roll out Personal Group's proprietary technology platform to
over 600,000 active members

Personal Group Holdings Plc (AIM: PGH), the digitally-enabled employee
benefits and services provider, is pleased to announce the launch of its
partnership with The Retail Trust.

As announced in the Interim Results statement on 21 September 2021, the Group
has signed a one-year contract to provide its Hapi technology platform to the
Retail Trust, the charity dedicated to supporting people working in and
retired from the retail industry.

The partnership will see members of the Retail Trust provided with a new
mobile app that they can use with no obligation which gives access to the
charity's benefits and services - as well as discounts offered by Personal
Group - much more quickly and easily than before.

The initial roll out of the Hapi platform will be to the Retail Trust's
c.600,000 active member base, before moving on to target the 3 million retail
workers linked to businesses signed up with the charity.

This provides Personal Group with the opportunity to substantially increase
Hapi's active user base as well as providing valuable introductions to
multiple major retailers. This will not only increase the Group's ability to
monetise the Hapi platform, it also provides a substantial pipeline for
potential cross-selling of the Group's other offerings to retail industry
workers. This is an as-yet relatively untapped vertical for Personal Group.

In addition, Personal Group will benefit from taking a small percentage of the
figure spent on discounted products through the platform. Access to the
platform will be provided at no cost to the Retail Trust.

Deborah Frost, Chief Executive of Personal Group, commented:

"We are delighted to be collaborating with the Retail Trust to bring their
existing benefits, coupled with our discounts, to their members via the Hapi
platform. This agreement marks a step change for the Hapi platform,
substantially increasing its active user base and providing us with a clear
foot in the door with several of the UK's largest retailers.

We are proud to be supporting retail workers by allowing them to access
essential employee benefits and wellbeing support more easily, via the phones
in their pockets."

Chris Brook Carter, Chief Executive of the Retail Trust, added:

"The millions of people working in British retail have been heavily impacted
financially, emotionally and physically during the entire course of the
pandemic and as a charity, we are always looking for new ways to enhance our
wellbeing offer and continue building hope, health and happiness across the
sector.

Our partnership with Personal Group is one way of doing this, as it will
provide thousands of employees with valuable new tools and resources for both
at work and home."

 

 

For more information please contact:

 Personal Group Holdings Plc
 Deborah Frost (CEO) / Sarah Mace (CFO)              Via Alma PR

 Cenkos Securities Plc
 Camilla Hume / Callum Davidson (Nomad)              +44 (0)20 7397 8900
 Russell Kerr (Sales)

 Alma PR                                             +44 (0)20 3405 0205
 Susie Hudson / Caroline Forde / Harriet Jackson     personalgroup@almapr.co.uk

 

Notes to Editors

 

Personal Group Holdings Plc (AIM: PGH) is a digitally-enabled employee
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. Many of these services
are delivered through its proprietary app, Hapi.

 

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.

 

Clients include: Arsenal FC, Barchester Healthcare, DHL Supply Chain Limited,
Merseyrail, Randstad, Royal Mail Group, the Sandwell & Birmingham NHS
trust and Stagecoach Group plc. c.40% of clients are served by two or more
group companies.

 

For further information, please see www.personalgroup.com
(http://www.personalgroup.com/)

 

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