REG - Toople PLC - Board Changes

ToopleAnnouncement

31/05/2022 13:45

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RNS Number : 4333N  Toople PLC  31 May 2022

31 May 2022

Toople PLC

("Toople" or the "Company")

Board Changes

Toople, a provider of bespoke telecom services to UK SMEs, today announces
that Andrew Hollingworth, Chief Executive, has informed the Board of his
decision to leave the Company with immediate effect due to personal
circumstances.  Greg Bryce, currently Chief Operating Officer, has today been
appointed Chief Executive Officer.

 

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.

 

Richard Horsman, Non-Executive Chairman said:

 

"Andy has led Toople through a period of considerable change, the Covid-19
pandemic and a business transformation and we would like to thank him for his
hard work and dedication and we wish him and his family well for the future.
At the same time, we welcome Greg's appointment which signals a new era for
Toople. He has a strong sales focussed background with relevant industry
experience and has extensive M&A credentials.  We look forward to his
leadership as Toople seeks to capitalise on new opportunities that are
presenting themselves in light of a continually more digitally connected UK."

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.

 

 

 

-ends-

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