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RNS Number : 2858M Ten Lifestyle Group PLC 11 June 2025
11 June 2025
Ten Lifestyle Group plc
("Ten" or the "Group")
Ten wins new contract with one of Japan's leading financial services providers
Ten Lifestyle Group plc (AIM: TENG), the global concierge technology platform
driving customer loyalty for global financial institutions and other premium
brands, is pleased to announce that it has won a new multi-year contract with
one of Japan's leading financial services providers from an incumbent
competitor.
Ten will launch a digitally enabled concierge and lifestyle programme for the
provider's High Net Worth clients, which will include the Company's newly
launched chat service functionality via LINE (a popular messaging app in
Japan). It is initially expected to be a Medium(1) contract.
This win further strengthens Ten's presence and scale in Japan, one of Ten's
key AMEA markets. This new contract adds to Ten's existing portfolio of
leading clients in the region.
This Medium contract is expected to support revenue growth in FY 2026,
alongside a strong pipeline of further opportunities being driven by Ten's
AI-backed technology and digital platform. For more on these innovations,
investors are encouraged to view the Capital Markets Day and Interim Results
presentations at: tenlifestylegroup.com/investors/resources/
(https://tenlifestylegroup.com/investors/resources/)
( )
(1) Ten categorises its corporate client contracts based on the annualised
value paid, or expected to be paid, by the corporate client for the provision
of concierge and related services by Ten as: Small contracts (below £0.25m);
Medium contracts (between £0.25m and £2m); Large contracts (between £2m and
£5m); and Extra Large contracts (over £5m). This does not include the
revenue generated from suppliers through the provision of concierge services.
- 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
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 and entertainment on behalf of over fifty clients including HSBC,
Swisscard 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 was also the first B Corp-certified
company on the AIM market, demonstrating its commitment to sustainability,
social responsibility and ethical business practices.
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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