Sectors: Channels
Website: parkgroup.co.uk

Park Group Plc

Park Group plc is the UK’s leading multi-retailer voucher and prepaid gift card business. Based in the North West, the AIM-listed Company was founded in 1967 and has evolved from a regional Christmas hamper supplier to one of the sector’s most innovative organisations.

Park’s popular shopping brand, Love2shop, is accepted by many of the UK’s major high street retailers. Vouchers, pre-paid cards and e-codes, as well as single store gift cards are sold to consumers via Park’s online portal highstreetvouchers.com, and to businesses via the award-winning Love2shop Business Services.

The Company is regulated by the Financial Conduct Authority, having gained its e-monies licence in 2010. This enabled Park to develop their own prepaid gift card system, flexecash®, which it uses to create reward and incentive schemes for a range of organisations. Customers have loaded over £400million onto flexecash® cards since the platform was launched. Strategic investment in digital products, technology and e-commerce has enabled Park to consistently perform well and meet the changing needs of customers.

Contacts

Chris Houghton, Group Managing Director

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Chris was appointed to the board on 11 October 2000 and became chief executive officer on 11 April 2012. He is a Fellow of the Chartered Institute of Management Accountants and joined the group as group accountant in 1986. He became group finance director on 29 March 2001 and up to his appointment as chief executive officer was previously group managing director. He has a service agreement with the company entered into on 29 June 2001 which requires 12 months’ notice of termination by either party.

Mark Lucius, Marketing Director