Brief: Toople Plc Resolves To Appoint Administrator

Toople

19/10/2022 10:36

Oct 19 (Reuters) - Toople PLC  TOOP.L :
    * TOOPLE PLC - RESOLVED TO APPOINT AN ADMINISTRATOR WITH
IMMEDIATE
EFFECT
    * TOOPLE PLC - DOES NOT EXPECT THERE TO BE ANY IMPACT TO
SERVICE
IT SUPPLIES TO BROADBAND CUSTOMERS, RESELLERS, AND DIRECT
CUSTOMERS
    * TOOPLE PLC - LISTING IN ITS ORDINARY SHARES IS SUSPENDED
WITH
EFFECT FROM 7.30 A.M, 19 OCTOBER
    * TOOPLE PLC -  UNABLE TO RAISE REQUIRED FINANCING TO
COMPLETE A
VIABLE ACQUISITION DEAL AND TO RAISE FURTHER WORKING CAPITAL TO
SUPPORT ENLARGED GROUP

Source text for Eikon:  ID:nRSS3859Da 
Further company coverage:  TOOP.L 
 ((Reuters.Briefs@thomsonreuters.com;))