REG - Personal Group - CFO Succession

Personal groupAnnouncement

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RNS Number : 7840J  Personal Group Holdings PLC  02 December 2025

02 December 2025

 

PERSONAL GROUP HOLDINGS PLC

("Personal Group", "Company" or "Group")

 

CFO Succession

Personal Group Holdings Plc (AIM: PGH), the workforce benefits and insurance
provider, announces that Sarah Mace, Chief Financial Officer, has informed the
Board of her decision to step down from the Board at the time of the Company's
Annual General Meeting ("AGM") in May 2026 after over 11 years at the Company.
As part of the Board's ongoing succession planning, the Board is pleased to
announce that Matthew Cohen has been appointed Sarah's successor and will
assume the role of CFO and join the Board of Directors of the Company by the
end of H12026, subject to regulatory approval.

 

Sarah will remain a Director of the Company and will continue to fulfil her
current role until the AGM, supporting the business through its preliminary
results in March 2026. Sarah will remain available to the business after her
departure, to facilitate a smooth transition.

 

Sarah joined Personal Group in January 2014 and assumed the role of Chief
Financial Officer in October 2020. Under her direction, the Group returned to
a growth trajectory following the Covid pandemic and has consistently
delivered double digital growth over the past two years. Sarah has played a
critical role in positioning Personal Group for further growth and delivering
on its ambitions.

 

Matthew is an experienced financial professional having trained as a chartered
accountant with KPMG and subsequently worked in the insurance and financial
services sectors. He is currently the Chief Financial Officer of Intact
Insurance (Europe) SA (formerly RSA Luxembourg SA), a regulated non-life
insurance company, overseeing six European branches, and previously held
positions as Head of Investor Relations and Head of UK Corporate Development
and Strategy with RSA Insurance Group.

 

Martin Bennett, Chairman of Personal Group, said "On behalf of the Board, I
would like to thank Sarah for her considerable contribution to the success of
Personal Group over the last 11 years. She has helped steer the business
through some challenging periods, while maintaining strict financial
discipline, ensuring the financial strength of our organisation. In recent
years, working alongside our CEO Paula, Sarah has overseen the divestment of
non-core areas of our business, the development of our growth strategy and the
delivery of consistently strong financial results. We are sad to see her go,
and wish her well in the future.

 

"We look forward to welcoming Matthew to Personal Group next year. With proven
financial and operational leadership skills, Paula and I look forward to
working with him to deliver on our 5 year ambitions."

 

Additional disclosures

 

As required by Schedule 2(g) of the AIM Rules for Companies, the Company
confirms that Matthew Adam Cohen (aged 35) is currently or has been a director
of the following companies within the past five years:

 

 Current Directorships             Previous Directorships
 90 Hillfield Road London NW6 Ltd  Intact International Ventures SARL

 

The information contained within this announcement was deemed to constitute
inside information as stipulated under the Market Abuse Regulation (EU) No.
596/2014, as amended by regulation 11 of the Market Abuse (Amendment) (EU
Exit) Regulations 2019/310, prior to release of this announcement. Upon the
publication of this announcement, this inside information is now considered to
be in the public domain.

 

For more information please contact:

 Personal Group Holdings Plc
 Paula Constant (CEO) / Sarah Mace (CFO)                         Via Alma

 Canaccord Genuity Limited (Nominated Adviser & Broker)
 Max Hartley / Harry Rees                                        +44 (0)20 7523 8000

 Alma Strategic Communications                                   +44 (0)20 3405 0205
 Caroline Forde / Kinvara Verdon / Rose Docherty                 personalgroup@almastrategic.com (mailto:personalgroup@almastrategic.com)

 

Notes to Editors

 

Personal Group Holdings Plc (AIM: PGH) is a workforce benefits and health
insurance provider. Its vision is to be the champion of affordable and
accessible insurance and benefits, keeping businesses and their employees
happy, healthy and protected. The Group is proud to support the health and
wellbeing of c. 1.25 million UK employees.

 

The Group's insurance provides employees with access to affordable, individual
policies for hospital (https://www.hapi.co.uk/insurance/hospital-cash-plan)
, recovery (https://www.hapi.co.uk/insurance/convalescence-plan)  and death
benefit (https://www.hapi.co.uk/insurance/death-benefit-plan)  plans. The
Group's award-winning benefits platform, Hapi, brings together extensive
employee benefits, discounts and rewards, in one responsive platform. As well
as being sold direct to employers, the Hapi platform supports Sage's Employee
Benefits offerings for SMEs.

 

This comprehensive range of offerings, powerful platform and unique sales
model of face-to-face, one-to-one engagement with employees, provides Personal
Group with a strong market position from which to grow.

 

Head-quartered in Milton Keynes, the Group has built an extensive blue-chip
customer list over its 40-year history, including Airtanker, B & Q,
Barchester Healthcare, British Transport Police, British Airways, Merseyrail,
Office of National Statistics, Randstad, Royal Mail Group, The Royal Mint,
Stagecoach Group plc, and The University of York

 

For further information on the Group please see www.personalgroup.com
(http://www.personalgroup.com)

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