REG - Ten Lifestyle Group - Non-Executive Board Changes

Ten LifestyleAnnouncement

08/11/2023 07:00

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RNS Number : 7081S  Ten Lifestyle Group PLC  08 November 2023

8 November 2023

Ten Lifestyle Group plc

("Ten" or the "Company")

Non-Executive Board Changes

 

Ten Lifestyle Group plc (AIM: TENG), the platform driving customer loyalty for
global financial institutions and other premium brands, announces that,
following the announcement on 29 June 2023, Bruce Weatherill, Non-executive
Chairman, has stepped down from the Board after six years due to ill health,
having secured an orderly succession. Jules Pancholi, Non-Executive Director,
will assume the role as Chairman and Chair of the Nomination Committee.

 

In addition, after more than a six year tenure, Gillian Davies, Non-executive
Director and Chair of the Audit Committee, has indicated her intention to step
down from the Board at the conclusion of the AGM in February 2024.

 

Ten is pleased to announce the appointments of Edward Knapp and Carolyn
Jameson as Non-executive Directors. Edward will also be appointed to the Audit
& Risk Committee and Carolyn will be appointed to the Remuneration
Committee.

 

Edward is a seasoned global business leader with extensive experience in
technology, growth strategy, risk management, and transformation. He has held
executive roles in consultancy, high-growth technology companies and major
financial institutions, including McKinsey & Company, Barclays, HSBC and
Revolut. Edward's expertise spans various sectors, including financial
services, consumer, telecom, public sector, and not-for-profit organisations.
He serves as non-executive director of the FTSE 100 F&C Investment Trust
Plc and has extensive international private-equity backed and Plc Board
experience.

 

Carolyn brings extensive executive and non-executive international experience
in technology, travel and customer experience environments. She has a proven
track record as a strong business leader, adept at simplifying complexity and
maintaining clarity in fast-growth and dynamic settings, including executive
roles at Skyscanner and her current executive role at Trustpilot Group Plc.
Her expertise extends to building trusted relationships across cultures at
stakeholder, board, and investor levels and possesses skills in corporate
development, strategic thinking and change management in emerging and evolving
areas.

 

The Board is confident that its composition is well-equipped to meet the
evolving needs of our business as we move into the next stage of development.

 

Alex Cheatle, CEO of Ten Lifestyle Group, said:

 

"On behalf of the Board, I would like to express our gratitude to Bruce and
Gillian for their dedicated service and invaluable contributions to the
Company.

 

I am delighted to be welcoming Edward and Carolyn to the Board. Both are
accomplished business leaders with valuable insights into technology and
product fit, which will complement the existing strengths of the Board under
Jules' Chairmanship. Their expertise in technology, finance, capital markets,
and transformation experience will support the execution of Ten's strategic
plan."

 

 

Additional Information

 

The following disclosures are required regarding Edward Knapp and Carolyn
Jameson's appointments pursuant to Schedule Two paragraph (g) of the AIM Rules
for Companies (the "AIM Rules").

 

Edward Knapp

 

Edward Stephen Knapp (aged 39) is currently, or during the past five years
been, a director of the following companies:

 

 Current directorships or partnerships                 Previous directorships or partnerships
 ·       Asia House                                    ·       Dunsfold Airport Limited

 ·       Asia House Enterprises Limited                ·       Eureka Management Company Limited

                                                     ·       Trinity (B) Limited
 ·       F&C Investment Trust plc

                                                     ·       Trinity (D) Limited
 ·       The Payment Systems Regulatory Limited

                                                     ·       Trinity (E) Limited

 ·       Possibility+ Limited                          ·       Trinity (F) Limited

                                                       ·       Trinity (CSP) Limited

                                                       ·       Walton Farms Limited

                                                       ·       Redwood Bank Limited

                                                       ·       Mattioli Woods plc

 

 

Carolyn Hay (professionally known by her former surname "Jameson")

 

Carolyn Jameson (aged 45) is currently, or during the past five years been, a
director of the following companies:

 

 Current directorships or partnerships                 Previous directorships or partnerships
 ·       Scottish National Investment Bank plc         ·       Wallet Services Limited

 ·       Cunning Blade Ltd                             ·       Forrit Holdings Limited

 

Save as set out above, there is no further information to be disclosed in
accordance with Schedule Two paragraph (g) of the AIM Rules.

 

- End -

 

 

For further information, please visit https://www.tenlifestylegroup.com/
(https://www.tenlifestylegroup.com/)  or contact:

 

 Ten Lifestyle Group Plc                                             +44 (0)20 7850 2796

 Alex Cheatle, Chief Executive Officer

 Alan Donald, Chief Financial Officer

 Singer Capital Markets Advisory LLP, Nominated Advisor and Broker   +44 (0) 20 7496 3000

 Corporate Finance: James Moat / Oliver Platts

 Corporate Broking: Tom Salvesen / Charles Leigh-Pemberton

 

Notes to Editors:

About Ten Lifestyle Group Plc

Ten Lifestyle Group plc (http://www.tenlifestylegroup.com)  partners with
global financial institutions and other premium brands to attract and retain
wealthy and mass affluent customers.

Millions of members have access to Ten's services across lifestyle, travel,
dining, entertainment and retail benefits on behalf of over fifty clients
including HSBC, Coutts and Royal Bank of Canada. Ten's partnerships are based
on multi-year contracts generating revenue through platform-as-a-service and
technology fees.

Ten's operations are underpinned by an increasingly sophisticated
personalisation platform comprising industry-first, proprietary technology,
thousands of supplier relationships and 25 years of proprietary expertise
delivered from over 20 global offices.

Ten is on a mission to become the most trusted service platform in the
world.

For further information please go to: www.tenlifestylegroup.com
(http://www.tenlifestylegroup.com/) .

 

 

 

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