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Share Price:
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69.50
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Don't have an account? Click here to register.Ten Lifestyle advances on new Chinese contract win
Thu, 13th Dec 2018 12:03
(Sharecast News) - Ten Lifestyle Group's shares shot up on Thursday after it won a new contract with ICBC Private Banking Department, to provide high-touch travel and lifestyle concierge services to a select group of its high-net-worth clients based in China.The company, which presides over a technology-enabled lifestyle and travel platform, said it plans to launch the services in January as a contract worth under £0.25m but is expected to potentially grow into a medium contract of between £0.25m and £2m in the 2019/20 financial year.Andrew Long, chief executive of Asia Pacific at Ten Lifestyle Group, said: "We are honoured to have been chosen by ICBC to support their most valuable clients in China and thrilled to be working with the world's largest bank. We see this as a fantastic opportunity to grow our already sizeable operation in mainland China."The new contract comes as the AIM traded company seeks to develop its new and immature geographies and continue investment in new vertical markets such as the employee loyalty and luxury brand markets.A statement from ICBC's private banking department said: "After a competitive tender we were happy to appoint Ten Lifestyle Group plc as a premium travel and lifestyle concierge partner. We were impressed by the team we met, their digital platform and their global reach. We hope this is the start of a strong partnership in China."Ten Lifestyle Group's shares were up 15.03% at 37.50p at 1249 GMT.
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12 Jul 2022 15:39
UK shareholder meetings calendar - next 7 days
| Wednesday 13 July | |
| Asiamet Resources Ltd | AGM |
| Esken Ltd | AGM |
| LondonMetric Property PLC | AGM |
| Mycelx Technologies Corp | AGM |
| Oilex Ltd | GM re name change to Synergia Energy |
| Steppe Cement Ltd | AGM |
| Thursday 14 July | |
| BT Group PLC | AGM |
| Dr Martens PLC | AGM |
| Great Western Mining Corp PLC | AGM |
| Helical PLC | AGM |
| Mind Gym PLC | AGM |
| Personal Assets Trust PLC | AGM |
| Randall & Quilter Investment Holdings Ltd | AGM |
| RS Group PLC | AGM |
| Triple Point VCT 2011 PLC | AGM |
| Vietnam Enterprise Investments Ltd | AGM |
| Friday 15 July | |
| Aveva Group PLC | AGM |
| DCC PLC | AGM |
| DP Poland PLC | AGM |
| Griffin Mining Ltd | AGM |
| MC Mining PLC | GM re subscription |
| Monday 18 July | |
| Audioboom Group PLC | AGM |
| JPMorgan European Discovery Trust PLC | AGM |
| Tuesday 19 July | |
| Biotech Growth Trust PLC | AGM |
| Clean Power Hydrogen PLC | AGM |
| e-Therapeutics PLC | AGM |
| Norcros PLC | AGM |
| Ten Lifestyle Group PLC | GE re commitment to sustainability, B Corp certification |
| Wynnstay Properties PLC | AGM & GM re share buyback |
| Copyright 2022 Alliance News Limited. All Rights Reserved. | |
14 Jun 2022 18:01
IN BRIEF: Ten Lifestyle expands contract with several existing clients
Ten Lifestyle Group PLC - London-based lifestyle and travel services - Secures third contract with Norwegian financial services firm DNB Bank ASA to launch its digital concierge services to DNB SAGA customers. The deal is expected to double the size of the existing contract.
Read more13 May 2022 14:36
DIRECTOR DEALINGS: Sutardja buys 5 million Alphawave IP shares
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News:
Read more11 May 2022 13:46
Ten Lifestyle narrows interim loss amid renewed corporate demand
(Alliance News) - Ten Lifestyle Group PLC on Wednesday reported a narrowed half-year loss, as revenue increased by more than 20% from the pandemic depths of a year before.
Read more28 Mar 2022 20:20
IN BRIEF: Ten Lifestyle borrows GBP1.5 million from chair's wife
Ten Lifestyle Group PLC - London-based lifestyle and travel service platform - Borrows GBP1.5 million from Susan Weatherill, wife of Non-Executive Chair Bruce Weatherill.
Read more17 Mar 2022 21:02
TRADING UPDATES: SimiGon merger to go ahead; Segro launches green bond
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more9 Mar 2022 15:30
IN BRIEF: Ten Lifestyle non-exec director buys GBP78,000 in shares
Ten Lifestyle Group PLC - London-based lifestyle and travel service platform - Non-Executive Director Julian Pancholi buys 92,000 shares at 84.36 pence, worth GBP77,615, on Tuesday. Now has 428,364 shares, a 0.5% stake.
Read more4 Mar 2022 11:13
AIM WINNERS & LOSERS: Griffin restarts Caijiaying; Ten Lifestyle drops
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
Read more4 Mar 2022 10:51
Ten Lifestyle shares plunge as annual profit to miss expectations
(Alliance News) - Shares dropped in Ten Lifestyle Group PLC on Friday after stating that it expects earnings for its 2022 financial year to be below expectations, due to the effect of the Omicron variant.
Read more7 Feb 2022 13:49
TRADING UPDATES: Mode offers staff bitcoin; Argo Blockchain mines less
TRADING UPDATES: Mode offers staff bitcoin; Argo Blockchain mines less
Read more7 Feb 2022 10:38
Ten Lifestyle maintains retention rate with client renewal
(Sharecast News) - Concierge platform operator Ten Lifestyle Group has won a competitive tender with an existing global financial services client, it announced on Monday, to continue providing digitally-enabled concierge services to customers in the Europe, Middle East and Africa (EMEA) region.
Read more27 Jan 2022 16:09
UK shareholder meetings calendar - next 7 days
UK shareholder meetings calendar - next 7 days
Read more25 Jan 2022 07:42
Ten Lifestyle scores contract wins and renewals with wealth managers
(Sharecast News) - Travel and concierge company Ten Lifestyle said on Tuesday that it had secured new strategic contract wins and renewals with wealth managers across the UK, Europe, the Middle East and Africa.
Read more18 Jan 2022 17:11
TRADING UPDATES: Hotel Chocolat and Henry Boot beat expectations
TRADING UPDATES: Hotel Chocolat and Henry Boot beat expectations
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