REG - Ten Lifestyle Group - Notice of GM

Ten LifestyleAnnouncement

28/06/2022 07:00

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RNS Number : 3753Q  Ten Lifestyle Group PLC  28 June 2022

28 June 2022

Ten Lifestyle Group plc

 

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

 

Notice of General Meeting

 

Ten Lifestyle Group plc (AIM: TENG), a leading technology-enabled, global
concierge platform for the world's wealthy and mass affluent, today announces
that it is convening a general meeting of the Company (the 'General Meeting')
to be held at 11.00 a.m. on Tuesday 19 July 2022 at the Company's offices at
2nd Floor, Fitzroy House, 355 Euston Road, London NW1 3AL to consider a
resolution to amend the Company's articles of association ('Articles') in
order to confirm the Company's commitment to growing a sustainable business.

 

Ten's mission to become the most trusted service platform in the world is
driven by the shared purpose of its founders and Board to build a sustainable,
member-focused and pioneering business. Integrity and ethical standards are
therefore at the heart of Ten's business practices and align with the B Corp
movement's values which focus on how business can be a force for good on
society and the environment.

 

B Corp certification is an internationally recognised, independent,
responsible business framework that enables companies to become more
responsible by considering the impact of their decisions on their clients,
community, people, suppliers and the environment. Certified businesses are
recognised as ones that meet the highest standards of verified social and
environmental performance, public transparency, and legal accountability to
balance profit and purpose.

 

It's believed that B Corp certification will have significant positive effects
on the Company and stakeholders, including:

 

·    A competitive advantage as a leader in responsible business practices

·    Aligning with the rising ESG priorities of Ten's existing and
prospective clients

·   Demonstrating Ten's ESG credentials to existing and prospective
shareholders, members, suppliers and other stakeholders

·    Helping us attract and retain people who share Ten's values and want
to further the Company's mission

 

At the General Meeting shareholders will therefore be asked to approve the
necessary amendment to the Articles, further details of which are set out in
the Letter from the Chairman and Notice of General Meeting available on the
Group's website: tenlifestylegroup.com/investors/resources/
(https://tenlifestylegroup.com/investors/resources/) . Physical copies of the
documents and accompanying form of proxy will be posted to shareholders today.

 

In order to best protect the health and well-being of its shareholders and the
general public in relation to the Covid-19 pandemic, the Board requests that
shareholders carefully consider whether travelling to and attending the
General Meeting is necessary and instead encourage shareholders to cast their
votes by proxy. The Company will arrange for the minimum attendance required
to form a quorum, to conduct the necessary business at the General Meeting.

 

Shareholders that hold shares through a platform, fund or similar provider,
are encouraged to contact their provider as soon as possible to register their
voting instruction so that there is sufficient lead time for the provider to
process votes before the formal deadline of 11:00 am on Friday 15 July 2022.

 

If Shareholders choose not to attend in person, they are invited to watch the
meeting via Zoom. To watch via Zoom, please
email Investorrelations@tengroup.com (mailto:Investorrelations@tengroup.com)
 by 11:00 am on Friday 15 July 2022.

 

The Board welcome questions from Shareholders relating to the business of the
General Meeting. Please submit these to the Board by email
to Investorrelations@tengroup.com (mailto:Investorrelations@tengroup.com)
 by 11:00 am on Friday 15 July 2022. Answers will be published on the
Group's website.

 

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

 Peel Hunt LLP, Nominated Advisor and Broker  +44 (0) 20 7418 8900

 Edward Knight

 Paul Gillam

 James Smith

 

Notes to Editors:

About Ten Lifestyle Group Plc

Ten Lifestyle Group Plc  (http://www.tenlifestylegroup.com/)  is a leading
technology-enabled, global concierge platform, helping wealthy and mass
affluent individuals and their families to discover, organise, and enjoy
dining, live entertainment, travel and premium retail (and other relevant
services) with better results and more quickly than they could themselves.
Many of the world's leading brands pay Ten to support their most valued
customers.

 

Underpinned by industry-first technology, Ten provides its trusted concierge
services to millions of members, in over 15 languages, 24/7, 365 days a year,
wherever they are in the world. Founded in 1998, the business listed on the
AIM market of the London Stock Exchange in November 2017 (AIM: TENG).

 

 The growth engine at the heart of Ten's business model is the driving force
behind its progress towards its objective to become the most trusted service
platform in the world.

 

For further information about Ten Lifestyle Group Plc, please go
to:  www.tenlifestylegroup.com (http://www.tenlifestylegroup.com/)

 

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