REG - Ten Lifestyle Group - Ten appoints new Executive Director

Ten LifestyleAnnouncement

22/02/2023 07:00

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RNS Number : 6297Q  Ten Lifestyle Group PLC  22 February 2023

22 February 2023

Ten Lifestyle Group plc

("Ten" or the "Company")

Ten appoints new Executive Director

 

Ten Lifestyle Group plc (AIM: TENG), the platform driving customer loyalty for
global financial institutions and other premium brands, today announces the
appointment of Victoria Carvalho, Chief Proposition Officer, as an Executive
Director of the Board.

 

Victoria joined Ten's Senior Leadership Team in April 2018 as Managing
Director and became Chief Proposition Officer in November 2022. Victoria has
more than 20 years of experience working in strategic roles focused on
operational growth. Prior to joining Ten, she spent 5 years as Vice President,
Global Client Services and Operations for Nasdaq and 11 years with Thomas
Reuters in New York and London.

 

Sarah Hornbuckle will also today step down as Executive Director and will
remain with Ten as Client Services Director.

 

Bruce Weatherill, Chairman of Ten Lifestyle Group, said;

 

"We are delighted to appoint Victoria as a new Executive Director of the
Board. Since joining Ten in 2018, she has been key to developing Ten's unique
proposition that provides access to a wide range of benefits and experiences
across major consumer markets. As a member of the senior leadership team, she
has made a significant contribution to Ten and we are confident that as a
member of the Board, she will continue to drive this strategically important
area of the business forward in the years ahead.

 

Sarah has been instrumental in the success of Ten since she joined the
business in 2001 and we are very grateful for her significant contribution as
a member of the Board."

 

Additional disclosures

As at the date of this announcement, Victoria Louise Carvalho (née Anderson)
(age 44) has a beneficial interest in 88,493 ordinary shares in the Company,
representing 0.11% of the total voting rights of the Company. Victoria also
currently holds a total of 301,044 options over ordinary shares in the
Company, granted under the Company's Management Incentive Plan (MIP), Company
Share Option Plan (CSOP) and Salary Sacrifice Scheme:

 

 Share option scheme  Date of grant  Number of ordinary shares under option
 CSOP                 23/08/2019     25,210
 MIP                  07/12/2019     32,000
 Salary Sacrifice     09/07/2020     32,000
 Salary Sacrifice     24/11/2020     42,667
 MIP                  07/12/2020     32,000
 Salary Sacrifice     24/03/2021     42,667
 MIP                  07/08/2022     32,000
 CSOP                 13/10/2022     62,500

 

Victoria is currently a director of 141 Hammersmith Grove Residents Management
Company Limited.

 

There is no further information to be disclosed in accordance with the
requirements of 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

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

 Paul Gillam

 James Smith

 

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, Morgan Stanley 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 22 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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