Ten Lifestyle Group (TENG)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM All-Share

 66.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 103.50
  • 52 Week Low: 61.50
  • Currency: UK Pounds
  • Shares Issued: 86.57m
  • Volume: 0
  • Market Cap: £57.78m

Ten Lifestyle inks significant contract with Emirates NBD

By Josh White

Date: Wednesday 27 Mar 2024

LONDON (ShareCast) - (Sharecast News) - Ten Lifestyle Group announced a significant multi-year contract with Emirates NBD, a prominent banking group in the Middle East, North Africa and Türkiye region, on Wednesday.
The AIM-traded firm said that under the agreement, it would introduce a tailored concierge and lifestyle program catered specifically to the ultra-high net worth (UHNW) clientele of Emirates NBD in the United Arab Emirates.

It said the programme would offer a range of exclusive offers and experiences curated exclusively for the members, aiming to enhance their lifestyle and elevate their banking experience.

Anticipated to be a 'medium' contract in its first year, the company said the collaboration held promising prospects for expansion in the future.

"I am delighted that we have won a significant new contract with Emirates NBD, one of the most prestigious banking groups in the region, and will be launching our services to their UHNW clients soon," sid chief executive officer Alex Cheatle.

"This win will further strengthen our presence and scale in the Middle East, where we anticipate continued growth.

"This contract win, along with further expected contract wins and developments, is expected to underpin revenue growth in the second half of 2024."

At 1159 GMT, shares in Ten Lifestyle Group were up 2.6% at 69p.

Reporting by Josh White for Sharecast.com.

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TENG Market Data

Currency UK Pounds
Share Price 66.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 103.50
52 Week Low 61.50
Volume 0
Shares Issued 86.57m
Market Cap £57.78m

TENG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.37% below the market average62.37% below the market average62.37% below the market average62.37% below the market average62.37% below the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average
Price Trend
36.47% below the market average36.47% below the market average36.47% below the market average36.47% below the market average36.47% 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
33.29% above the market average33.29% above the market average33.29% above the market average33.29% above the market average33.29% above the market average
1.89% below the sector average1.89% below the sector average1.89% below the sector average1.89% below the sector average1.89% 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 --2024

Time Volume / Share Price
0 @ 0.000p

TENG Key Personnel

CEO Alex Cheatle
COO Andrew Long
CFO Alan Donald

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