Ten Lifestyle Group (TENG)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM All-Share

70.75p
   
  • Change Today:
    -1.00p
  • 52 Week High: 103.50
  • 52 Week Low: 61.50
  • Currency: UK Pounds
  • Shares Issued: 86.53m
  • Volume: 4,127
  • Market Cap: £61.22m

Ten Lifestyle wins new contract with OCBC Bank

By Michele Maatouk

Date: Friday 20 Apr 2018

LONDON (ShareCast) - (WebFG News) - AIM-listed Ten Lifestyle has won a new contract with OCBC Bank, the second-largest financial services group in Southeast Asia, to provide concierge services to its high net worth clients as part of its Voyage Card Concierge programme.
The contract, which is expected to have net revenue of between £250,000 and £2m annually, will see Ten provide members with a premium travel and lifestyle concierge service, including access to unique offers, benefits, and localised events, as well as access to its leading digital platform among other services.

Ten's chief operating officer, Andrew Long, said: "We are incredibly honoured to have been chosen as a key partner for such a powerhouse of a bank here in Singapore, and the Southeast Asian market. Singapore is known for its exceptional customer service and we are excited to bring our unique digital platform and in-depth knowledge of the market to the OCBC Bank's Voyage card base."

Ten was awarded the contract - its first with OCBC Bank - following a competitive tender and will be replacing the incumbent provider.

At 1045 BST, the shares were up 5.1% to 159.80p.

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TENG Market Data

Currency UK Pounds
Share Price 70.75p
Change Today -1.00p
% Change -1.39 %
52 Week High 103.50
52 Week Low 61.50
Volume 4,127
Shares Issued 86.53m
Market Cap £61.22m

TENG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
64.2% below the market average64.2% below the market average64.2% below the market average64.2% below the market average64.2% below the market average
60.78% below the sector average60.78% below the sector average60.78% below the sector average60.78% below the sector average60.78% below the sector average
Price Trend
25.68% below the market average25.68% below the market average25.68% below the market average25.68% below the market average25.68% below the market average
46.43% below the sector average46.43% below the sector average46.43% below the sector average46.43% below the sector average46.43% below the sector average
Income Not Available
Growth
34.19% above the market average34.19% above the market average34.19% above the market average34.19% above the market average34.19% above the market average
5.66% below the sector average5.66% below the sector average5.66% below the sector average5.66% below the sector average5.66% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

TENG Dividends

No dividends found

Trades for 28-May-2024

Time Volume / Share Price
08:31 4,127 @ 72.46p

TENG Key Personnel

CEO Alex Cheatle
COO Andrew Long
CFO Alan Donald

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