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Ten Lifestyle Group PLC - London-based lifestyle and travel service platform company - Announces it has been awarded a new mandate by an unnamed existing corporate client in its Europe, Middle East & Africa region, "significantly" expanding an existing extra large contract worth over GBP5 million. Says new mandate will transition thousands of the client's customers to a "more premium, high-engagement programme" managed by Ten Lifestyle.
"The transition, due to begin in summer 2021, is expected to result in higher member activity and the expansion of the existing extra large contract by the equivalent of a medium contract by the start of the 2022 financial year. This mandate win is incorporated within the group's existing growth plan," says Ten Lifestyle.
Current stock price: 93.00 pence, up 3.3% on Wednesday
Year-to-date change: up 6.6%
By Zoe Wickens; zoewickens@alliancenews.com
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