20 February 2024
Ten Lifestyle Group plc
("Ten" or the "Company")
Exercise of Options, Issue of Equity & TVR
Ten Lifestyle Group plc (AIM: TENG), announces that it has issued 720,557 new ordinary shares of 0.1p each in the Company ("Ordinary Shares") pursuant to the exercise of options granted to employees as part of its COVID-19 salary sacrifice initiative under its Share Option Scheme.
Application has been made for the 720,557 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur at 8.00 a.m. on or around 26 February 2024.
The total number of Ordinary Shares in issue following Admission will be 86,169,170. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
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For further information please visit www.tenlifestylegroup.com or call:
| Ten Lifestyle Group plc Alex Cheatle, Chief Executive Officer Alan Donald, Chief Financial Officer
| +44 (0)20 7850 2796
|
|
Singer Capital Markets Advisory LLP, Nominated Advisor and Broker Corporate Finance: James Moat / Oliver Platts Corporate Broking: Tom Salvesen / Charles Leigh-Pemberton
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+44 (0) 20 7496 3000 |
Notes to Editors:
About Ten Lifestyle Group Plc
Ten Lifestyle Group plc 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.
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