REG - Toople PLC - Board Changes

ToopleAnnouncement

26/04/2022 07:16

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RNS Number : 2732J  Toople PLC  26 April 2022

For release at 07.00, 26 April 2022

Toople PLC

("Toople" or the "Company")

Board Changes

Toople, a provider of bespoke telecom services to UK SMEs, today announces
that it has appointed Greg Bryce as Chief Operating Officer with immediate
effect. Greg will join the Board following completion of the requisite
regulatory procedures.

 

Greg has enjoyed a successful career as a sales-led business leader with
experience in all types of companies; from start-ups to multinationals and
private equity backed ventures, across a diverse range of sectors.  Most
recently he has been working as a mentor to start-ups in the healthcare,
education, and telecoms sectors.

 

He started his career at WorldCom (now Verizon), where he developed to become
Head of UK Corporate Sales, before leaving to start up a telecoms business,
Telecom 10 Ltd, selling the entire raft of BT's products and services to the
SME marketplace.  He then moved to 118 118 Media as Sales Director before
spending eight successful years at DMGT until 2017, holding a variety of main
board roles and often working to turn around under-performing divisions.

 

In 2018 he joined Powered by PIE, a business which sells a variety of SaaS and
data services predominantly to the legal and professional services sectors.
He led a strategic review and turnaround implementing a commercial strategy to
pivot the business away from its conventional transactional revenues to a
highly profitable recurring revenue SaaS business model.  The business was
successfully sold at the end of 2019.

 

Commenting on his appointment Richard Horsman, Non-Executive Chairman said:

 

"Greg is a classically trained salesperson who clearly excels at winning
business.  Moreover he is industry agnostic with expertise across private
equity, fundraising, sales, finance, marketing, customer success, HR, IT and
product development.  He has a proud track record of continually producing
double digit top and bottom-line results and has flourished in the competitive
marketplace.  Importantly he also has extensive M&A experience, having
successfully overseen acquisitions worth in excess of £200 million.  These
complementary skills, combined with his previous telco experience, will prove
invaluable as we seek to capitalise on new opportunities that are presenting
themselves in light of a continually more digitally connected UK."

 

Toople also announces that Paul White has resigned as CFO and as a Director of
the Company with immediate effect to pursue other business interests.  The
Company has started a process to identify his successor and has recruited an
Interim CFO (non-board position), who will be assisted by former CFO and
current Non-executive Director Kevin Lawrence until a permanent appointment is
made.

 

 

 

-ends-

For further information please visit www.toopleplc.co
(http://www.toopleplc.co) .uk or contact:

 Toople PLC                                   Tel: 0800 0499 499

 Andy Hollingworth, Chief Executive Officer

 Novum Securities Limited                     Tel: 020 7399 9400

 David Coffman

 Colin Rowbury

 Belvedere Communications                     Tel: 020 3687 2754

 John West

 Llew Angus

 

About Toople PLC (http://www.toople.com)

Toople PLC is incorporated in the UK and listed on the main market of the
London Stock Exchange.   The business currently trades under four main
brands: toople.com (http://toople.com) ; dmsluk.co.uk (http://dmsluk.co.uk) ;
broadbandandphones.co.uk (https://broadbandandphones.co.uk/) ;
checkthatcompany.co.uk (http://www.checkthatcompany.co.uk/) .  Toople.com
(http://www.toople.com/)  provides bespoke telecoms services for its fast
growing target market of UK SMEs with between one and 500 employees.
Services offered by the Group include business broadband, fibre, EFM and
Ethernet data services, business mobile phones, cloud PBX and SIP Trunking and
Traditional Services (calls and lines) all of which are delivered and managed
via the Group's proprietary software platform.  The Group's wholly owned
subsidiary  DMS Holding (DMSL) (http://www.dmsluk.co.uk/) provides unified
communication services in the UK ranging from a single phone line to a
multi-site unified comms VoIP platform, delivered via a network of telecoms
and IT carriers and content providers across the UK including BT Business, BT
Global Services, Gamma, EE, Vonage, TalkTalk Business and O2.  DMSL acts as a
BT Premier re-seller for broadband connectivity, mobile and fixed voice and
cloud services and is responsible for over 250,000 BT customers and over
400,000 Revenue Generating Units.  The Company also owns a telecoms price
comparison website and a service offering company credit reference checking
and reports.  These complement the Group's IT and telecoms services.

 

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