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Lloyds Banking Group Contract

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RNS Number : 5160W  Smoove PLC  19 August 2022

Smoove plc

(The "Group", "Smoove" or the "Company")

 

                 Lloyds Banking Group Contract

 

Smoove plc (AIM: SMV), the customer focused technology and services business
aiming to simplify and revolutionise home moving and ownership, announces that
it has re-contracted with the Lloyds Banking Group ("LBG") for the provision
of conveyancing services for a further two years.

 

This contract builds on the Company's 15-year relationship with LBG and
highlights the strength of its market leading offering. Under this contract,
Smoove will continue to provide LBG and its customers with bespoke
conveyancing products and services via digital platforms throughout the UK.

 

Jesper With-Fogstrup, Chief Executive of Smoove plc, commented: "We are
delighted to have yet again extended this contract demonstrating our strong
product suite and ability to provide innovative and proven solutions that
continue to set us apart.

 

"Having recently added the provision of remortgage services to our offering
for LBG, we believe that this renewal is further testament to our ability to
provide leading solutions."

 

 

Enquiries:

 Smoove plc                                      Via Walbrook PR

 Jesper With-Fogstrup, CEO

Michael Cress, CFO

 Panmure Gordon (UK) Limited (NOMAD and Broker)  +44 (0)20 7886 2500

 Dominic Morley

Erik Anderson

 Walbrook PR Limited                             smoove@walbrookpr.com or Tel: 020 7933 8780

 Tom Cooper/ Nick Rome

About Smoove:

Smoove's (hellosmoove.com) mission is to revolutionise the home moving and
owning process for everyone involved. The Company's cornerstone cloud-based
platforms provide significant leverage for growth with strong, established
client bases and routes to market - including mortgage brokers, conveyancers,
estate agents and lenders.

 

eConveyancer ( https://econveyancer.com/ (https://econveyancer.com/) ) is one
of the leading distribution channels for conveyancing in the UK, bringing
consumers and legal professionals together via comparison services, which
provide solutions for home movers and the re-mortgage market.

 

The Company's existing platforms have been designed with a view to adding
services and reach and the Company is well placed to create exponential
returns as functionality increases.

 

 

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