TIDMPGH
Personal Group Holdings PLC
08 November 2021
08 November 2021
RNS Reach
Personal Group Holdings Plc
("the Company" or "Group")
Retail Trust Partnership Launches
Retail Trust to roll out Personal Group's proprietary technology
platform to over 600,000 active members
Personal Group Holdings Plc (AIM: PGH), the digitally-enabled
employee benefits and services provider, is pleased to announce the
launch of its partnership with The Retail Trust.
As announced in the Interim Results statement on 21 September
2021, the Group has signed a one-year contract to provide its Hapi
technology platform to the Retail Trust, the charity dedicated to
supporting people working in and retired from the retail
industry.
The partnership will see members of the Retail Trust provided
with a new mobile app that they can use with no obligation which
gives access to the charity's benefits and services - as well as
discounts offered by Personal Group - much more quickly and easily
than before.
The initial roll out of the Hapi platform will be to the Retail
Trust's c.600,000 active member base, before moving on to target
the 3 million retail workers linked to businesses signed up with
the charity.
This provides Personal Group with the opportunity to
substantially increase Hapi's active user base as well as providing
valuable introductions to multiple major retailers. This will not
only increase the Group's ability to monetise the Hapi platform, it
also provides a substantial pipeline for potential cross-selling of
the Group's other offerings to retail industry workers. This is an
as-yet relatively untapped vertical for Personal Group.
In addition, Personal Group will benefit from taking a small
percentage of the figure spent on discounted products through the
platform. Access to the platform will be provided at no cost to the
Retail Trust.
Deborah Frost, Chief Executive of Personal Group, commented:
"We are delighted to be collaborating with the Retail Trust to
bring their existing benefits, coupled with our discounts, to their
members via the Hapi platform. This agreement marks a step change
for the Hapi platform, substantially increasing its active user
base and providing us with a clear foot in the door with several of
the UK's largest retailers.
We are proud to be supporting retail workers by allowing them to
access essential employee benefits and wellbeing support more
easily, via the phones in their pockets."
Chris Brook Carter, Chief Executive of the Retail Trust,
added:
"The millions of people working in British retail have been
heavily impacted financially, emotionally and physically during the
entire course of the pandemic and as a charity, we are always
looking for new ways to enhance our wellbeing offer and continue
building hope, health and happiness across the sector.
Our partnership with Personal Group is one way of doing this, as
it will provide thousands of employees with valuable new tools and
resources for both at work and home."
For more information please contact:
Personal Group Holdings Plc
Deborah Frost (CEO) / Sarah Mace (CFO) Via Alma PR
Cenkos Securities Plc
Camilla Hume / Callum Davidson (Nomad) +44 (0)20 7397 8900
Russell Kerr (Sales)
Alma PR +44 (0)20 3405 0205
Susie Hudson / Caroline Forde / Harriet personalgroup@almapr.co.uk
Jackson
Notes to Editors
Personal Group Holdings Plc (AIM: PGH) is a digitally-enabled
employee benefits and services provider. The Group enables
employers across the UK to improve employee engagement and support
their people's physical, mental, social and financial wellbeing.
Its vision is to create a brighter future for the UK workforce.
Personal Group provides health insurance services and a broad
range of employee benefits, engagement and wellbeing products. Many
of these services are delivered through its proprietary app,
Hapi.
The Group's growth strategy is centred around widening the
footprint of the business into the SME, talent-led & Public
Sectors, thereby expanding the addressable customer base. In
addition, it aims to grow in its existing industrial heartlands, to
re-invigorate growth in insurance policyholders and to drive the
use of its SaaS offerings.
Clients include: Arsenal FC, Barchester Healthcare, DHL Supply
Chain Limited, Merseyrail, Randstad, Royal Mail Group, the Sandwell
& Birmingham NHS trust and Stagecoach Group plc. c.40% of
clients are served by two or more group companies.
For further information, please see www.personalgroup.com
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