REG - Toople PLC - Contract Win

ToopleAnnouncement

13/01/2022 07:00

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RNS Number : 2725Y  Toople PLC  13 January 2022

For release: 07.00, 13(th) January 2022

 

Toople PLC

("Toople" or the "Company")

 

New Contract Win

 

Toople PLC (LSE: TOOP), a provider of bespoke telecom services to UK SMEs, is
delighted to announce its second new contract win for 2022 as its business
momentum continues to build.

 

The new contract is for a period of 36 months with a City of London based
family office with a network of international advisers.  Toople has deployed
cloud based VoIP technology as the family office moves into new premises,
which will be supported by cloud based apps for seamless integration across
mobile and tablet devices.  Toople has also rolled out desktop infrastructure
for the client, as well as cloud based call recording technology.

 

Andy Hollingworth, CEO explains:

 

"Our new client has chosen Toople for its connectivity requirements, which
include the ability to implement investment decisions across the world in real
time.  Their reliance on dependable modern communications technology could
not be more crucial to their operations, and we are proud to offer them some
of the best possible solutions available."

 

He added:

"It is now clear that hybrid working is here to stay, and the world is likely
at the beginning of a new wave of globalisation where employees in the service
industry will be required, or are able to request, to largely work remotely.
Keeping employees connected, wherever they may be, was central to the
requirements of our new customer, and we expect this to grow in importance in
our service offering.  Our cloud based mobile apps ensure that employees
remain integrated wherever they may be, and we look forward to keeping more
businesses connected, without the need to worry about connectivity, as many
other factors, such as supply chains and variations of Covid-19, keep
presenting challenges."

 

This announcement contains information which, prior to its disclosure, was
inside information as stipulated under Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310 (as amended).

 

-Ends-

For further information:

 

 Toople PLC                                   Tel: 0800 0499 499

 Andy Hollingworth, Chief Executive Officer

 Paul White, Chief Financial 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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